is attempting to advance above its current 2019 trading high, at $5,452, in early Tuesday trade, with the BTCUSD
pair still well supported by strong dip-buying demand. The daily frame is showing that the $5,260 and the $5,200 levels are the main intraday support areas. Overall, the BTCUSD
pair has a bullish
weekly bias while trading above the $5,200 level and may start to target the $5,700 level.
pair is only bullish
while trading above the $5,200 level, key intraday resistance is found at the $5,452 and $5,700 levels.
If the BTCUSD
pair trades under the $5,200 level, sellers may test towards the $5,080 and $4,900 support levels.