• Bitcoin trades well at the start of the week as general cryptocurrency sentiment improves.
  • BTC/USD trades 4.13% higher and the bears might come in at the 9K level.

BTC/USD 1-Hour Chart

Now the price has broken out of the short term trendline, the resistance zone is up next.

The red 9K resistance line has been significant in the past and it could be again.

Very close to that level is the 38.2% Fibonacci level which also is respected in the crypto world.

Above this on the daily chart, 9,512.00 is a technically more important zone.

In the middle 9,130.00 is also an interesting zone.

Bitcoin

Additional Levels

BTC/USD

Overview
Today last price 8902.85
Today Daily Change 377.09
Today Daily Change % 4.42
Today daily open 8525.76
 
Trends
Daily SMA20 9589.96
Daily SMA50 9266.43
Daily SMA100 8308.58
Daily SMA200 8768.34
 
Levels
Previous Daily High 8752.69
Previous Daily Low 8405.51
Previous Weekly High 10027.5
Previous Weekly Low 8431.17
Previous Monthly High 10511.86
Previous Monthly Low 8431.17
Daily Fibonacci 38.2% 8620.07
Daily Fibonacci 61.8% 8538.13
Daily Pivot Point S1 8369.95
Daily Pivot Point S2 8214.15
Daily Pivot Point S3 8022.78
Daily Pivot Point R1 8717.12
Daily Pivot Point R2 8908.49
Daily Pivot Point R3 9064.3

 

 

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