Home Bitcoin Price Prediction: BTC/USD bulls remain in control as healthy support level ensures that price remains above $6,000 – Confluence Detector
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Bitcoin Price Prediction: BTC/USD bulls remain in control as healthy support level ensures that price remains above $6,000 – Confluence Detector

  • The daily confluence detector shows one strong resistance and support level at $6,365 and $6,000, respectively.
  • This Friday, the buyers eked out an advantage as the price went up from $6,184.47 to $6,210.20.

Key Levels

  • Open: $6,209.24 
  • High: $6,290.82 
  • Low: $6,062.46

BTC/USD daily confluence detector

fxsoriginal

BTC/USD bulls stayed in control of the market of the third straight day as the price went up slightly from $6,210.20 to $6,252.45. The daily confluence detector shows us one strong resistance and support level at $6,365 and $6,000, respectively. The $6,365 level has the one-week Fibonacci 23.6% retracement level, while the latter has the one-week Fibonacci 38.2% retracement level.
 

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FX Street

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