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  • BTC/USD daily confluence detector shows a lack of strong resistance levels.
  • Healthy support for the price lies at $8,700.

BTC/USD daily confluence detector


BTC/USD had a bullish start to Wednesday as the price went up slightly from $8,842.65 to $8,863.25. As per the daily confluence detector, there is a lack of strong resistance levels on the upside, so further growth can be expected.

On the downside, healthy support lies at $8,700, which has the one-day Previous Low, one-month Fibonacci 23.6% retracement level, one-day and one-week Pivot Points support-one.