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  • Bitcoin trades nearly one percent higher on a positive day for cryptocurrencies.
  • On the 1-Hour chart, BTC/USD has made a higher low which could indicate a move higher.

BTC/USD 1-Hour Chart

BTC/USD is trading higher on Tuesday on a positive day for the crypto majors.

Now the price has made a higher low higher high pattern on the 1-hour chart.

There has been an important break of the red line on the chart below which could indicate higher prices to come.

The key level is the psychological 10K zone and if the bulls take out this zone it could be a positive signal.

On the downside, a break of 9,469.93 would invalidate this pattern and be bearish.

Bitcoin chart

Additonal Levels

 

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