The BTCUSD pair has recovered to a one-week trading high, as the short-term nulls lift the cryptocurrency towards the $10,500 resistance level. Lower time frame analysis shows that triangle breakout is underway and could prompt further gains towards the $10,700 level. To the downside, a breakout under the $10,100 level could cause selling towards the $9,600 support zone.
The BTCUSD pair is only bullish while trading above the $10,550 level, key resistance is found at the $10,700 and the $11,100 levels.
If the BTCUSD pair trades below the $10,550 level, sellers may test the $10,100 and $9,600 levels.
