- Bitcoin price is trading in positive territory, up 3.40% in the second half of the session.
- BTC/USD is heading back for another purposeful retest of the barrier at $10,500.
- The price managed to stage a rebound, after receiving support at the round figure of $9500.
BTC/USD daily chart
Support was found by a running ascending trend line, as the bulls look for another attempt at $10,500.
BTC/USD 60-minute chart
A chunky bounce was seen at $9500, where decent support psychologically was noted. Price action has also smashed back above a descending trend line, allowing for greater upside momentum.
Spot rate: 10,030.00
Relative change: +3.40%
|Today last price||9970.89|
|Today Daily Change||270.92|
|Today Daily Change %||2.79|
|Today daily open||9699.97|
|Previous Daily High||9966.66|
|Previous Daily Low||9469.94|
|Previous Weekly High||10511.86|
|Previous Weekly Low||9707.96|
|Previous Monthly High||9568.13|
|Previous Monthly Low||6856.63|
|Daily Fibonacci 38.2%||9659.69|
|Daily Fibonacci 61.8%||9776.91|
|Daily Pivot Point S1||9457.72|
|Daily Pivot Point S2||9215.47|
|Daily Pivot Point S3||8961|
|Daily Pivot Point R1||9954.44|
|Daily Pivot Point R2||10208.91|
|Daily Pivot Point R3||10451.16|
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.