BTCUSD still bullish
The first cryptocurrency is attempting to recover above the $10,000 level on Friday, after briefly falling towards the $9,600 support level on Thursday. Yesterday’s strong pullback may have formed an important low for the BTCUSD pair, particularly with the lower time frames still showing a bullish pattern. Overall, a continued recovery above the $10,000 level could provoke a major test of the $10,700 resistance area.
The BTCUSD pair is only bullish while trading above the $10,000 level, key resistance is located at the $10,700 and $11,700 levels.
If the BTCUSD pair trades under the $10,000 level, sellers may test towards the $9,600 and $9,300 support levels.
The BTCUSD pair is only bullish while trading above the $10,000 level, key resistance is located at the $10,700 and $11,700 levels.
If the BTCUSD pair trades under the $10,000 level, sellers may test towards the $9,600 and $9,300 support levels.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.