Bitcoin $BTC Key levels to watch for now - $10,000 and $9300
Bitcoin trading inside the triangle at the moment and most likely make a decision on where is heading ($10,000 or $9300).
Furthermore, we cannot rule out that Bitcoin can break out of the triangle and hit resistance at $10,000 and start a retracement to $9300.
therefore, everything else is just sideway movement at this stage and we need to see Bitcoin close above $10,000 to be bullish again.
Similar to $9300, if Bitcoin closes below this level we are bearish.
Furthermore, we cannot rule out that Bitcoin can break out of the triangle and hit resistance at $10,000 and start a retracement to $9300.
therefore, everything else is just sideway movement at this stage and we need to see Bitcoin close above $10,000 to be bullish again.
Similar to $9300, if Bitcoin closes below this level we are bearish.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.