Home Bitcoin Price Prediction: BTC/USD bears take control just as price neared $10,0000 – Confluence Detector
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Bitcoin Price Prediction: BTC/USD bears take control just as price neared $10,0000 – Confluence Detector

  • BTC/USD went up from $9,762.85 to $9,808 this Friday.
  • The daily confluence detector shows one healthy support level on the downside at $9,585.

BTC/USD daily confluence detector

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BTC/USD bears took control after three following bullish days. During these three days, BTC/USD went up from $9,165.40 to $9,808. So far, in the early hours of Saturday, the price has dropped a bit to $9,757.88. The daily confluence detector shows a lack of strong resistance levels on the upside, while there is just one healthy support level on the downside at $9,585. This level has the daily Pivot Point 1 support-three, Previous Month high and one-week Fibonacci 38.2% retracement level.
 

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