Bitcoin has been consolidating in its narrowest daily price range of the month so far, as traders await the next major directional move. Dip-buyers may use any pullbacks towards the $9,200 level as an opportunity to enter the bullish medium-term trend. If the $9,300 support level is broken then the BTCUSD pair could slip towards the $9,150 technical area.
The BTCUSD pair is only bullish while trading above the $9,550 level, key resistance is found at the $10,100 and the $10,500 levels.
If the BTCUSD pair trades below the $9,550 level, sellers may test the $9,300 and $9,150 support levels.
