BTCUSD Testing support
Bitcoin is once again under heavy selling pressure as the top crypto and a number of important altcoins continue to drift lower. The main focus for traders will be the $33,000 support level, as this area marks the bottom of a symmetrical triangle pattern. A break under this area could see the BTCUSD pair falling towards the $30,000 and possibly the $28,000 support region.
The BTCUSD pair is only bullish while trading above the $35,000 level, key resistance is found at the $36,600 and the $38,000 levels.
If the BTCUSD pair trades below the $35,000 level, sellers may test the $33,000 and $30,000 levels.