BTCUSD $9,300 trigger level
Bitcoin has started to push lower, following a series of failed attempts to anchor price back above the $10,000 resistance level. Technical analysis shows that short-term traders may consider selling the BTCUSD pair if price holds beneath the $9,300 level. To the upside, a breakout above the $9,900 resistance level could cause the BTCUSD to test the $10,500 resistance level.
The BTCUSD pair is only bullish while trading above the $9,300 level, key resistance is found at the $9,900 and the $10,500 levels.
If the BTCUSD pair trades below the $9,300, sellers may test the $8,700 and $8,100 support levels.