Bitcoin Price Prediction: BTC/USD breaks past $10,000 again. Is $10,500 possible? - Confluence Detector

  • Confluence Detector show shows two strong resistance levels at $10,350 and $10,400.
  • On the downside, healthy support lies at $10,150.

BTC/USD Confluence Detector

BTC/USD climbed from $9,856.50 to $10,269.55 this Tuesday and gone up further to $10,298.85 in the early hours of Wednesday. As per the daily confluence detector, there are two strong resistance levels at $10,350 and $10,400. $10,350 has the one-day Previous High while $10,400 has the 15- Previous High and one-month Pivot Point resistance-one. On the downside, healthy support lies at $10,150, which has the one-day Fibonacci 38.2% retracement level.
 

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.