Bitcoin Price Breaks Through Key Resistance as Traders Target $9.2K
Today i have shared Traders will watch to see if Bitcoin to can sustain above $9,118.85 in order to flip the $9,100 to $9,200 zone to support and set a daily higher high. Above $9,200 traders will look to $9,500, $9,600, $9,963 and $10,538 as the next targets for Bitcoin price. Since Jan. 24 Bitcoin has rallied 11.31%, meaning an eventual pullback could see the price revisit $8,900 and $8,700. At the time of writing the moving average convergence divergence (MACD is on the verge of crossing above the signal line on the daily time frame and the histogram has nearly shifted from negative to positive as it approaches 0. Thanks for reading.
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