BTCUSD $9,900 key support
Bitcoin is slightly higher in early week trade, following another a quick recovery towards the $10,600 resistance level earlier today. The $9,900 level is the key support level to watch intraday, as it represents the BTCUSD pairs 100-day moving average. Overall, unless the $10,600 level is broken with conviction, the largest cryptocurrency could fall back towards the $9,450 level.
The BTCUSD pair is only bullish while trading above the $10,600 level, key resistance is located at the $11,000 and $11,500 levels.
The BTCUSD pair is only bearish while trading under the $10,600 level, sellers may test towards the $9,750 and $9,450 support levels.
The BTCUSD pair is only bullish while trading above the $10,600 level, key resistance is located at the $11,000 and $11,500 levels.
The BTCUSD pair is only bearish while trading under the $10,600 level, sellers may test towards the $9,750 and $9,450 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.