Bitcoin is struggling with resistance at $ 9,500
The market currently shows no signs of bulls or bears and maintains relatively neutral behavior.
Technical analysis and its findings:
Multiple denials at $ 9500 (resistance)
RSI is on multiple time frames in the field of overbought, this can mean price reduction and sales
Current support is still intact and remains at $ 9,000
The volume of purchases and sales are quite weak
Strong resistance remains at $ 10,000
Trading Tips remain unchanged:
Open LONG in the area of $ 9000 SL 5%
Open SHORT in the area of $ 9500 SL 5%
Technical analysis and its findings:
Multiple denials at $ 9500 (resistance)
RSI is on multiple time frames in the field of overbought, this can mean price reduction and sales
Current support is still intact and remains at $ 9,000
The volume of purchases and sales are quite weak
Strong resistance remains at $ 10,000
Trading Tips remain unchanged:
Open LONG in the area of $ 9000 SL 5%
Open SHORT in the area of $ 9500 SL 5%
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