Bitcoin Price Analysis: The market found support but the signs still are not good
|- Bitcoin has moved into positive territory and trades 0.50% higher on Thursday.
- The market has recently found some support at around the 9,500 level.
BTC/USD 4-Hour Chart
Bitcoin has just moved into positive territory.
The market found support at the 9,500 level you can see on the chart below.
This does not stop the fact there was a lower high lower low that has been created.
Below that, just above the 9,000 level is the next support zone.
At the moment traders will be looking to see what happens on the trendline retest. This would be closer to the 10K level once again.
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Additional Levels
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