BTCUSD still bullish
Bitcoin has been frustrating traders this week as the number one cryptocurrency struggles to find a clear trending directional bias. Despite the lack of movement, the BTCUSD pair still retains its bullish short-term outlook while trading above the $8,900 support level. The $10,600 and $11,000 level remains the main bullish targets if the BTCUSD pair find strength above the $10,000 level.
The BTCUSD pair is only bullish while trading above the $8,900 level, key resistance is located at the $10,000 and $11,000 levels.
If the BTCUSD pair trades under the $8,900 level, sellers may test towards the $8,600 and $8,400 support levels.