Home Bitcoin Price Prediction: BTC/USD breaks above $10,300 and is sandwiched between healthy resistance and support levels
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Bitcoin Price Prediction: BTC/USD breaks above $10,300 and is sandwiched between healthy resistance and support levels

FX Street
Published date:
  • Strong resistance lies at $10,400.
  • On the downside, healthy support levels are at $10,340 and $10,145.

BTC/USD daily confluence detector

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BTC/USD charted its second consecutive bullish day. So far, this Wednesday, BTC/USD rose from $10,269 to $10,388.45. The price is currently sandwiched between strong resistance and support levels at $10,400 and $10,340. $10,400 has the SMA 10, one-week Pivot Point resistance two and one-day Previous High. $10,340 has the one-month Pivot Point resistance-one, 15-min Bollinger Band lower curve and 4-hour Previous High. Finally, we have another healthy support at $10,145, which has the SMA 50, SMA 200 and one-day Fibonacci 38.2% retracement level.
 

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