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BTCUSD intraday bullish above $4,900

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Bitcoin retains a strong bid tone on Monday, after the number one cryptocurrency had its strongest monthly start in over twelve month. Bulls need to keep the BTCUSD pair above the $4,900 level in order to maintain the bullish intraday bias surrounding the cryptocurrency. Key weekly resistance for the BTCUSD pair is currently located at the $6,200 level.

The BTCUSD pair has a bullish bias while trading above the $4,900 level, key intraday resistance is found at the $5,300 and $5,700 levels.

Id the BTCUSD pair trades under the $4,900 level, sellers may test towards the $4,700 and $4,380 support levels.
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