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Bitcoin Price Prediction: Path of $10,000 is clear, will BTC/USD finally cross it?

  • BTC/USD went up from $8,325.16 to $9,377.95 this Thursday.
  • The daily confluence detector shows no strong resistance levels on the upside.
Bitcoin Price Prediction: Path of $10,000 is clear, will BTC/USD finally cross it?
Rajarshi MitraRajarshi MitraIndependent Analyst

BTC/USD daily confluence detector

fxsoriginal

BTC/USD re-entered the $9,000 zone this Thursday as the bulls were able to the price from $8,325.16 to $9,377.95. Currently, the price has gone up further to $9,782.30. The daily confluence detector shows a complete lack of resistance levels on the upside, so the price is expected to rise even more. On the downside, there is a single healthy support level at $9,580. This support level has the one-day Pivot Point, Previous Month High and Previous Week High.
 

Author

Rajarshi Mitra

Rajarshi Mitra

Independent Analyst

Rajarshi entered the blockchain space in 2016. He is a blockchain researcher who has worked for Blockgeeks and has done research work for several ICOs. He gets regularly invited to give talks on the blockchain technology and cryptocurrencies.

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