Bitcoin technical analysis: BTC/USD price is consolidating outside of bullish flag

Bitcoin technical analysis: BTC/USD price is consolidating outside of bullish flag

2Bitcoin price is trading in positive territory, up some 0.50% in the second half of the session. BTC/USD price action is within consolidation mode, failing to attract commitment. The bulls must again breakdown and hold above the $9000 price mark for greater upside. The price is sitting just on top of a breached weekly flag structure.