Bitcoin is holding onto its recent gains above the $13,000 level as cryptocurrency traders digest the latest United States election result. BTCUSD bulls need to hold price above the $14,100 level to encourage a major upside push towards the $15,000 area. To the downside, a loss of the $13,300 level could provoke an immediate technical test of the $12,700 support area.
The BTCUSD pair is only bullish while trading above the $13,500 level, key resistance is found at the $14,100 and the $15,000 levels.
If the BTCUSD pair trades below the $13,500 level, sellers may test the $13,300 and $12,700 levels.
