BTC/USD may continue growing towards the next resistance of $9,600. The ultimate target of $10,000 is within reach now. BTC/USD tested $9,500 during early US hours and settled at $9,450 by press time. The sustainable move above $9,300 improved the technical picture and opened up the way to the next resistance created by $9,500-$9,600 that separates the price from a straight move to $10,000. BTC/USD has gained over 2.5% in recent 24 hours, while its market share increased to 66.3% The intraday chart shows that the RSI stays inside an overbought territory, though there are no signals of reversal as of yet. It means that the coin may repeat the attempt to break above $9,500-$9,600 in the nearest future. BTC/USD 1-hour chart Let’s have a closer look at support and resistance levels clustered around the current price. Resistance levels $9,500 – 61.8% Fibo retracement weekly, Pivot Point 1-day Resistance 2 $10,000 – Pivot Point 1-month Resistance 1, the upper line of the daily Bollinger Band $10,500 – Pivot Point 1-week Resistance 2 Support levels $9,300 – 38.2% Fibo retracement weekly, the middle line of the daily Bollinger Band, the highest level of the previous day $9,000 – 38.2% Fibo retracement daily, 23.6% Fibo retracement weekly, 4-hour SMA10 $8,700 – 23.6% Fibo retracement monthly, Pivot Point 1-day Support 2 FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next EIA: US Crude Oil Stocks Change at +7.9 million barrels in week ending May 22 FX Street 3 years BTC/USD may continue growing towards the next resistance of $9,600. The ultimate target of $10,000 is within reach now. BTC/USD tested $9,500 during early US hours and settled at $9,450 by press time. The sustainable move above $9,300 improved the technical picture and opened up the way to the next resistance created by $9,500-$9,600 that separates the price from a straight move to $10,000. BTC/USD has gained over 2.5% in recent 24 hours, while its market share increased to 66.3% The intraday chart shows that the RSI stays inside an overbought territory, though there are no signals of reversal as… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
