Bitcoin price analysis
The BTCUSD pair offers limited resistance above the $9,300 level, leaving the $10,000 level a likely near-term target. Only a sustained bearish move below the $8,400 support level will put the recent up move in the BTCUSD into question.
BTCUSD price is only bullish while trading above the $8,400 level, key resistance is located at the $9,300 and $10,00 levels.
If BTCUSD price trades under the $8,400 level, sellers may test towards the $8,200 and $8,000 support levels.
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