- BTC/USD went up from $10,660 to $10,700 in the early hours of Friday.
- Confluence detector shows a lack of healthy support levels.
BTC/USD has had an extremely bullish Thursday, wherein the price spiked from $9,700 to $10,670. This Friday, the price has gone up further to $10,700, facing strong resistance at $10,825. Worryingly, the daily confluence detector shows a lack of healthy support levels on the downside.
BTC/USD daily confluence detector
The only support level of note is at $10,685, which doesn’t have any confluences. The $10,825 resistance level has the 50-day simple moving average (SMA 50), 1-day previous high, and previous week high.
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