Bitcoin Price Analysis: BTC/USD breaks 10K once again but will it take out this chart pattern

Bitcoin has broken 10K once again as the bulls take charge again.
There is a 30 min triangle chart pattern that could break at the same time.

Rajan Dhall, MSTA FX Daily

BTC/USD 30-min chart

The bulls are not giving up as 10K has been tested again!

There is a triangle chart pattern on the 30-minute chat below. It seems if there is a sustained break above the psychological level then surely the chart pattern will break too. There is lots of bullish signals on the Bitcoin charts at the moment. The price is above the 55 and 200 moving averages. At this point in time, the RSI is not in an oversold position like it was the first time the bulls took out 10K.

In terms of resistance zones, the 10522.51 level is next up on the daily chart. Beyond that, the 11k and 12k zones both look pretty strong.

Additional levels

BTC/USD

Overview
Today last price	10000.5
Today Daily Change	-2.24
Today Daily Change %	-0.02
Today daily open	10002.74

Trends
Daily SMA20	8112.11
Daily SMA50	7258.84
Daily SMA100	8012.04
Daily SMA200	7999.5

Levels
Previous Daily High	10074.48
Previous Daily Low	9032.48
Previous Weekly High	9476.83
Previous Weekly Low	7491.5
Previous Monthly High	9476.83
Previous Monthly Low	6156.67
Daily Fibonacci 38.2%	9676.44
Daily Fibonacci 61.8%	9430.53
Daily Pivot Point S1	9331.98
Daily Pivot Point S2	8661.23
Daily Pivot Point S3	8289.98
Daily Pivot Point R1	10373.99
Daily Pivot Point R2	10745.24
Daily Pivot Point R3	11415.99

Author

Rajan Dhall, MSTA

FX Daily

Rajan Dhall is an experienced market analyst, who has been trading professionally since 2007 managing various funds producing exceptional returns.

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Bitcoin Price Analysis: BTC/USD breaks 10K once again but will it take out this chart pattern