The number one cryptocurrency is surging higher on Wednesday, following a positive launch for the Bitcoin options trading on the CME exchange. The $9,100 level offers a key challenge for BTCUSD bulls looking to target the $10,000 resistance level. Weakness around the $9,100 level could be a sign that the BTCUSD pair may stage a short-term correction towards the $8,000 level.
The BTCUSD pair is bullish while trading above the $8,500 level, key resistance is found at the $9,100 and the $9,800 levels.
If the BTCUSD pair trades below the $8,500, sellers may test the $8,400 and $8,100 support levels.