- Bitcoin stalls at the major 10,500 resistance level.
- The digital gold had some wild swings on Thursday and trades 1.89% lower.
BTC/USD 1-Hour Chart
The 10,500 level was a major hurdle on the higher timeframes and it seems that Bitcoin could now break the level.
Now support has been seen at 10,100 but it seems selling momentum might take it through.
There is also a trendline on the chart that should be taken note of.
This is not to say that 10,500 will not get broken the daily chart is still in a clear uptrend.
The market might continue to make higher highs and higher lows. 9,082.50 is a support level on the daily chart.
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Additional Levels
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