Bitcoin Price Prediction: Will BT/USD finish above the $8,500 psychological level by EOD? – Confluence Detector

• The daily confluence detector shows a lack of strong resistance levels on the upside.
• On the downside, there is a healthy support level at $8,200.

BTC/USD daily confluence detector

BTC/USD jumped from $8,105 to $8,395, as the bulls have an eye on the $8,500 psychological level. The daily confluence detector shows us that there is a lack of resistance levels on the upside, which could push the price past the $8,500 level. On the downside, there is a healthy support level at $8,200. $8,200 has the one-day Previous High, one-week Fibonacci 23.6% retracement level, 15-min and four-hour Bollinger Bands.