BTCUSD $9,350 UPCOMING RESISTANCE LEVEL
Bitcoin has risen above the psychological $9,000 resistance level due to a lack of selling interest below the $8,700 level earlier this week. Technical analysis shows that bulls need to move the BTCUSD pair above the $9,350 level to encourage fresh buying interest. Dip-buying towards the BTCUSD pair is expected to remain strong while the $9,000 level is defended.
The BTCUSD pair is only bullish while trading above the $9,000 level, key resistance is found at the $9,350 and the $9,900 levels.
If the BTCUSD pair trades below the $9,900, sellers may test the $8,700 and $8,500 support levels.
SO PLZ WATCH THE MARKET AND TRY YOUR BEST
Twitter.com/sreedhushah
Bitcoin has risen above the psychological $9,000 resistance level due to a lack of selling interest below the $8,700 level earlier this week. Technical analysis shows that bulls need to move the BTCUSD pair above the $9,350 level to encourage fresh buying interest. Dip-buying towards the BTCUSD pair is expected to remain strong while the $9,000 level is defended.
The BTCUSD pair is only bullish while trading above the $9,000 level, key resistance is found at the $9,350 and the $9,900 levels.
If the BTCUSD pair trades below the $9,900, sellers may test the $8,700 and $8,500 support levels.
SO PLZ WATCH THE MARKET AND TRY YOUR BEST
Twitter.com/sreedhushah
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