BTCUSD monthly close
Bitcoin continues to enjoy strong buying demand on Friday as the number one cryptocurrency looks to close the month with a thirty percent gain. Bitcoin bulls could target a strong monthly price close and push the BTCUSD pair above the $10,000 resistance level. At this stage, only a sustained loss of the $8,900 level would cause concern for short-term BTCUSD buyers.
The BTCUSD pair is only bullish while trading above the $8,900 level, key resistance is found at the $9,700 and the $10,000 levels.
If the BTCUSD pair trades below the $8,900, sellers may test the $8,500 and $8,250 support levels.