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Bitcoin Price Analysis: Bitcoin moves toward 10K again but this time to the downside

  • Bitcoin trades 4% higher abut has just met some resistance.
  • The price moved higher as the US traders came back to market following Presidents Day on Monday.

 

BTC/USD 1-Hour Chart

Bitcoin trades 4% higher on a good day for cryptos.

Now BTC/USD has met some resistance just ahead of 10,300.00.

There could be some intraday support at 10,100.00 as it has been used in the past.

If that breaks then the next level on the downside is 9,700.00.

The buy-side volume has been good but the selling volume on this last candle is growing at the time of writing.

Bitcoin

Additional Levels

 

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