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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.

More from Rajarshi Mitra
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