TRENDING:
Trade War
XAU/USD
Silver
EUR/USD
GBP/USD
USD/CAD
AUD/USD
Sponsored by
Login
|

Bitcoin Technical Analysis: BTC/USD breaks above $9,500, is the push to $10,000 finally here?

  • BTC/USD buyers will aim for the $9,700 and $9,785 resistance levels.
  • The price reached intra-day highs of $9,566.53 before it settled down.
Bitcoin Technical Analysis: BTC/USD breaks above $9,500, is the push to $10,000 finally here?
Rajarshi MitraRajarshi MitraIndependent Analyst

BTC/USD daily chart

BTC/USD daily chart

BTC/USD bulls have spiked the price up from $9,393.92 to $9,529.65 as Wednesday’s session came to a close. They will want to continue their momentum and push above the $9,700 and $9,785 resistance levels. If they manage to do so, then this may well be the rally that takes BTC/USD back into the much-desired $10,000-zone. 

The price reached intra-day highs of $9,566.53 before it settled down. On the downside, we have healthy support at $9,441.23, $9,359.85 (SMA 50) and $9,233.25 (SMA 20).

Key levels

BTC/USD

Overview
Today last price9544.71
Today Daily Change151.12
Today Daily Change %1.61
Today daily open9393.59
 
Trends
Daily SMA209219.47
Daily SMA509356.09
Daily SMA1008979.64
Daily SMA2008561.38
 
Levels
Previous Daily High9438.85
Previous Daily Low9156.75
Previous Weekly High9345.73
Previous Weekly Low9020.75
Previous Monthly High10404.88
Previous Monthly Low8823.34
Daily Fibonacci 38.2%9331.09
Daily Fibonacci 61.8%9264.51
Daily Pivot Point S19220.61
Daily Pivot Point S29047.63
Daily Pivot Point S38938.51
Daily Pivot Point R19502.71
Daily Pivot Point R29611.83
Daily Pivot Point R39784.82


 

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
Share:

Editor's Picks

XRP pressured by weak ETF flows and declining retail interest

XRP pressured by weak ETF flows and declining retail interest

Ripple (XRP) is edging lower, trading above its intraday low of $1.32 at the time of writing on Tuesday. The decline from its weekly opening of $1.39 reflects heightened volatility in the broader cryptocurrency market, accentuated by tariff-triggered uncertainty.

Crypto Today: Bitcoin, Ethereum, XRP come under renewed pressure amid ETF outflows, tariff uncertainty

Crypto Today: Bitcoin, Ethereum, XRP come under renewed pressure amid ETF outflows, tariff uncertainty

Bitcoin, Ethereum and Ripple are trading under increasing selling pressure at the time of writing on Tuesday, as market participants navigate renewed tariff uncertainty. The Crypto King holds above $63,000, down 2% intraday from its $64,656 open.

Bitcoin falls to two-week low as ETF outflows, tariff chaos weigh

Bitcoin falls to two-week low as ETF outflows, tariff chaos weigh

Bitcoin price extends losses on Tuesday, ending a two-week consolidation phase. Risk-on sentiment fades amid growing uncertainty over Trump’s tariffs and rising US-Iran tensions, increasing downside risks toward $60,000.

Sui Price Forecast: SUI capitulates under pressure, opens the door to $0.70

Sui Price Forecast: SUI capitulates under pressure, opens the door to $0.70

Sui (SUI) declines by 3% at press time on Tuesday, extending the downside breakout of a short-consolidation range confirmed the previous day. Retail sentiment is bearish, as evidenced by increased long liquidations and a sharp drop in the funding rate. 

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.

Bitcoin: No recovery in sight

Bitcoin: No recovery in sight

Bitcoin (BTC) price continues to trade within a range-bound zone, hovering around $67,000 at the time of writing on Friday, and falling slightly so far this week, with no signs of recovery.