BTCUSD breakout nears
Bitcoin is preparing to attack towards the $10,000 resistance area as the number one cryptocurrency appears increasingly bullish in the short-term. Technical analysis indicates that a breakout above the $10,070 level could cause a rally towards the $10,500 level. The $10,500 level offers huge resistance and could be an area that BTCUSD bears may attempt to enter sell positions.
The BTCUSD pair is only bullish while trading above the $9,100 level, key resistance is found at the $10,070 and the $10,500 levels.
If the BTCUSD pair trades below the $9,100, sellers may test the $8,700 and $8,100 support levels.