BTCUSD watching $10,000 level
Bitcoin is making a solid advance to the upside today, following a major market rally in the cryptocurrency space this week. The BTCUSD pair could test towards the psychological $10,000 resistance level as bullish momentum continues to build. Traders make look to fade the BTCUSD pair from the $10,000 level as the rally may started to look slightly overstretched from this area.
The BTCUSD pair is only bullish while trading above the $9,100 level, key resistance is found at the $9,800 and the $10,000 levels.
If the BTCUSD pair trades below the $9,100, sellers may test the $8,500 and $8,250 support levels.