BTCUSD awaiting buyers
Bitcoin is still struggling to break from its recent short-term trading range after buyers faced still resistance from the $9,400 level last week. Continued failure to move past the $9,400 level could prompt the BTCUSD pair to retrace back towards the $8,400 level. Overall, BTCUSD bulls can still rally the cryptocurrency towards the $11,000 level while price trades above the $8,900 level.
• The BTCUSD pair is only bullish while trading above the $8,900 level, key resistance is located at the $9,800 and $11,000 levels.
• If the BTCUSD pair trades under the $8,900 level, sellers may test towards the $8,600 and $8,400 support levels.
• The BTCUSD pair is only bullish while trading above the $8,900 level, key resistance is located at the $9,800 and $11,000 levels.
• If the BTCUSD pair trades under the $8,900 level, sellers may test towards the $8,600 and $8,400 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.