Bitcoin Price Analysis: BTC/USD bulls take charge after charting the golden cross pattern

  • BTC/USD dropped below the SMA 20 following Friday’s price action.
  • The MACD shows increasing bearish momentum.

BTC/USD daily chart

BTC/USD daily chart

BTC/USD bulls took charge as the price moved up from $9,060.80 to $9,178.70 this Friday. This price action happened after the SMA 50 crossed above the SMA 200 to chart the highly bullish golden cross pattern. The MACD shows increasing bearish momentum.

The bulls need to overcome resistance at the SMA 20, $9,332.15 and $9,621.35. On the downside, healthy support lies at $8,935 and $8,629.55,

Key levels


Today last price 9203.77
Today Daily Change 144.31
Today Daily Change % 1.59
Today daily open 9059.46
Daily SMA20 9300.02
Daily SMA50 8097.18
Daily SMA100 7976.05
Daily SMA200 8055.96
Previous Daily High 9567.69
Previous Daily Low 8800.12
Previous Weekly High 9944.79
Previous Weekly Low 8105.58
Previous Monthly High 9476.83
Previous Monthly Low 6156.67
Daily Fibonacci 38.2% 9093.33
Daily Fibonacci 61.8% 9274.48
Daily Pivot Point S1 8717.15
Daily Pivot Point S2 8374.85
Daily Pivot Point S3 7949.58
Daily Pivot Point R1 9484.73
Daily Pivot Point R2 9909.99
Daily Pivot Point R3 10252.3



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