Home Bitcoin Price Prediction: BTC/USD struggles to stay above the $8,000 psychological level – Confluence Detector
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Bitcoin Price Prediction: BTC/USD struggles to stay above the $8,000 psychological level – Confluence Detector

FX Street
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  • BTC/USD fell from $8,164.10 to $8,042.25 this Wednesday.
  • There are two healthy support levels on the downside at $7,830 and $7,775.

BTC/USD daily confluence detector

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BTC/USD bears have seemingly taken control of the market. The price fell from $8,164.10 to $8,042.25 this Wednesday and has fallen further to $8,010 in the early hours of Thursday. The daily confluence detector shows a lack of resistance levels on the upside. On the downside, there are two healthy support levels at $7,830 and $7,775. $7,830 has the one-month Pivot Point resistance one, while $7,775 has the Previous Month high.
 

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