Bitcoin bounced off $9,920 and aims higher, or so it would seem. Resistance levels forward might include:
Failure to sustain $9,920 or higher as support means BTC is going to $9k or less on the short term.
Since crypto and the stock market recently move hand-in-hand, below you can find a chart with the ratio of BTCUSD to S&P 500. Previous related ideas can be found there, too:
- $10, 150
- $10, 300
- $10, 450
- $10, 650
- $10, 800
- $11, 000
Failure to sustain $9,920 or higher as support means BTC is going to $9k or less on the short term.
Since crypto and the stock market recently move hand-in-hand, below you can find a chart with the ratio of BTCUSD to S&P 500. Previous related ideas can be found there, too:
Comment:
All feedback is highly appreciated!
Comment:
BTC was unable to conquer $10,150, correcting further down is highly likely.
Comment:
BTC price fell to $9,850, followed by a big green candle that drove prices to $10,217. BTC currently trading at $10,015+ and I remain strongly bullish on the short term, as long as BTC price stays above $9,800 - $9,990.
