BTCUSD Breaks $15,000
Bitcoin has broken past the $15,000 resistance level as the pioneer cryptocurrency attempts to post a fifth-straight week of gains. Technical analysis shows that the $16,000 level offers the next major upside resistance barrier above the $15,200 level. Traders looking to buy into the ongoing breakout rally in BTCUSD may be waiting for the $14,200 level to be tested again.
The BTCUSD pair is only bullish while trading above the $13,900 level, key resistance is found at the $15,500 and the $16,200 levels.
If the BTCUSD pair trades below the $13,900 level, sellers may test the $13,500 and $13,300 levels.