BTC/USD has been volatile during the day. The critical resistance is seen on approach to $11,000 Bitcoin (BTC) has been rather volatile on Monday. The first digital asset dropped to $10,060 during early Asian hours only to recover above $10,500 ahead of European opening. At the time of writing BTC/USD is changing hands at $10,353, trading with short-term bearish bias within the recent wide range. Notably, the coin has stayed mostly unchanged both on a day-on-day basis and since the beginning of Monday. Read also: Blockchain technology to have standards by 2021 – Moody’s Bitcoin confluence levels There are several strong technical levels above the current price, which means that Bitcoin bulls might have a hard time pushing the price higher. However, a neutral position of the Relative Strength Index (RSI) on the intraday implies that the coin might enter a range-bound phase. Let’s have a closer look at the barriers that might influence Bitcoin’s movements in the short run. Resistance levels $10,500 – SMA50 (Simple Moving Average) 1-hour, SMA10 4-hour, SMA200 15-min, 38.2% Fibo retracement daily and weekly. $10,600 – the highest level of the previous day, 23.6% Fibo retracement weekly; $11,000 – the upper line of 1-day Bollinger Band Pivot Point 1-week Resistance 1. Support levels $10,300 – SMA100 daily, SMA10 daily, Pivot Point 1-day Support 1; $10,000 – 61.8% Fibo retracement weekly, the lower line of 15-min Bollinger Band, Pivot Point 1-day Support 1; $9,850 – Pivot Point 1-day Support 3. 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 US Dollar Index meets support near 98.20 FX Street 4 years BTC/USD has been volatile during the day. The critical resistance is seen on approach to $11,000 Bitcoin (BTC) has been rather volatile on Monday. The first digital asset dropped to $10,060 during early Asian hours only to recover above $10,500 ahead of European opening. At the time of writing BTC/USD is changing hands at $10,353, trading with short-term bearish bias within the recent wide range. Notably, the coin has stayed mostly unchanged both on a day-on-day basis and since the beginning of Monday. Read also: Blockchain technology to have standards by 2021 - Moody's Bitcoin confluence levels There are… 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.