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  • Bitcoin trades 1.48% higher as crypto sentiment remains positive.
  • The BTC/USD price has retraced slightly and 9,720 has provided some intraday support.

BTC/USD 30-Minute Chart

The price action for the past few days has been pretty bullish for the digital gold.

Now the price has moved into a chart pattern marked in red on the chart below. 

A break in either direction can help indicate the short term path of price action.

On the topside, there is a resistance level at 9,854 the bulls would be keen to break.

Looking at the daily chart, the price action still looks bullish and if we get a positive close today it would definitely help the bulls.

Bitcoin Analysis

Additional Levels