Support/Resistance:
$8100-$8200 is the closest support level. Below lies the short-term ascending trend-line, along with the $7950 support area. Further below lies $8000, $7800 and $7600 (this week’s low along with the mid-term ascending trend-line).
From above, the $8500 – $8800 had turned into a substantial resistance area. Above lies the $9000 resistance mark and previous 2019 high, then $9200 – $9300 zone, before reaching the $9700 – $9800 area which was the highest of May 2018, and that is the last barrier before BTC reaches $10,000.
$8100-$8200 is the closest support level. Below lies the short-term ascending trend-line, along with the $7950 support area. Further below lies $8000, $7800 and $7600 (this week’s low along with the mid-term ascending trend-line).
From above, the $8500 – $8800 had turned into a substantial resistance area. Above lies the $9000 resistance mark and previous 2019 high, then $9200 – $9300 zone, before reaching the $9700 – $9800 area which was the highest of May 2018, and that is the last barrier before BTC reaches $10,000.