Bitcoin Technical Analysis: BTC/USD one barrier away from $10,000

  • Bitcoin price Tuesday is trading with gains of around 4.5% in the latter stages of the session. 
  • BTC/USD has gained solid ground and comfort within the $8000 price territory, as it eyes further move north. 
  • The bulls are just one barrier away from a $10,000 price return, the current barrier of $8000-8500 is being worked on. 


Spot rate:                  8156.79

Relative change:      +4.40%

High:                         8337.26

Low:                          6767.47


Today last price 8153.29
Today Daily Change 334.27
Today Daily Change % 4.28
Today daily open 7819.02
Daily SMA20 5810.66
Daily SMA50 5245.48
Daily SMA100 4508.97
Daily SMA200 4486.44
Previous Daily High 8172.86
Previous Daily Low 6866.15
Previous Weekly High 6428.2
Previous Weekly Low 5564.95
Previous Monthly High 5632.53
Previous Monthly Low 4052.2
Daily Fibonacci 38.2% 7673.69
Daily Fibonacci 61.8% 7365.31
Daily Pivot Point S1 7065.82
Daily Pivot Point S2 6312.63
Daily Pivot Point S3 5759.12
Daily Pivot Point R1 8372.53
Daily Pivot Point R2 8926.05
Daily Pivot Point R3 9679.24


BTC/USD 60-minute chart

  • A near-term ascending trend line of support, providing the necessary comfort for the bulls. 


BTC/USD weekly chart

  • Bulls are attempting to breakdown the last barrier ahead of $10,000, seen at $8000-8500. 

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.

Cryptos feed

Latest Crypto News & Analysis

Editors’ Picks

BTC/USD trapped under short-term trendline

Bitcoin (BTC) is changing hands at $9,750, mostly unchanged both on a day-to-day basis and since the beginning of the day. The first digital asset recovered from Monday's low of $9,469, however, an upside momentum faded away on approach to $9,800. 

More Bitcoin News

NEO/USD bullish following Binance Futures support

NEO is in the green on Monday during the European trading session. The bullish momentum is taking action after a couple of days of the bulls enduring battering from the bears.

More NEO News

ETH/USD tug of war at $270 intensifies as $280 beckons

Ethereum managed to stay above the support at $240 during the bearish Monday. Also contributing to the support was the long term ascending trendline. The recovery from the support has been steady enough to hit levels slightly above $270. 

More Ethereum News

Ripple Price Analysis: XRP/USD is bearish as long as it stays below $0.30

XRP/USD recovered to $0.2950 during early Asian hours only to retreat to $0.2850 by the time of writing. Despite the sell-off, the third-largest digital asset is still nearly 2% higher from this time on Monday and mostly unchanged since the beginning of the day. 

More Ripple News


Bitcoin Weekly Forecast: BTC bulls brace for jump to $11,000

Bitcoin (BTC) has been growing for three weeks in a row. The first cryptocurrency hit $10,504 on Thursday - the highest level of 2020.

Read the weekly forecast