HomeContributorsTechnical AnalysisBTCUSD $10,500 Possible

BTCUSD $10,500 Possible

Bitcoin has started the new trading week with a bullish tone as traders continue to buy any dips towards the $9,000 support level. Going forward, a breakout above the $10,000 level exposes further gains towards the current yearly price high, around the $10,500 resistance. If the $10,500 resistance level is broken then the BTCUSD pair could soar towards the 2019 trading high.

The BTCUSD pair is only bullish while trading above the $9,000 level, key resistance is found at the $10,070 and the $10,500 levels.

If the BTCUSD pair trades below the $9,000, sellers may test the $8,700 and $8,100 support levels.

Octa
Octahttp://octaengine.com/c/?p=203&bt=gif&b=2369
Octa (formerly OctaFX) is an international broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and a variety of services already utilised by clients from 180 countries with more than 40 million trading accounts.

Featured Analysis

Learn Forex Trading