• Bitcoin stalls at the major 10,500 resistance level.
  • The digital gold had some wild swings on Thursday and trades 1.89% lower.

BTC/USD 1-Hour Chart

The 10,500 level was a major hurdle on the higher timeframes and it seems that Bitcoin could now break the level.

Now support has been seen at 10,100 but it seems selling momentum might take it through.

There is also a trendline on the chart that should be taken note of.

This is not to say that 10,500 will not get broken the daily chart is still in a clear uptrend.

The market might continue to make higher highs and higher lows. 9,082.50 is a support level on the daily chart.

Bitcoin Analysis

Additional Levels

BTC/USD

Overview
Today last price 10162.51
Today Daily Change -188.90
Today Daily Change % -1.82
Today daily open 10351.41
 
Trends
Daily SMA20 9431.01
Daily SMA50 8540
Daily SMA100 8146.32
Daily SMA200 8875.14
 
Levels
Previous Daily High 10485.9
Previous Daily Low 10249.71
Previous Weekly High 9875.44
Previous Weekly Low 9078.29
Previous Monthly High 9568.13
Previous Monthly Low 6856.63
Daily Fibonacci 38.2% 10395.67
Daily Fibonacci 61.8% 10339.93
Daily Pivot Point S1 10238.78
Daily Pivot Point S2 10126.15
Daily Pivot Point S3 10002.59
Daily Pivot Point R1 10474.97
Daily Pivot Point R2  10598.53
Daily Pivot Point R3 10711.16

 

 

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