Bitcoin has pulled back from its monthly trading higher after bulls failed to break above the important $11,100 resistance level on Friday. Altcoins are outperforming the number one cryptocurrency, although the BTCUSD pair still has plenty of room to push higher this week if bulls can perform a bullish triangle breakout. Overall, Bitcoin still remains a strong buy toward the $10,000 support zone.
The BTCUSD pair is only bullish while trading above the $10,000 level, key resistance is located at the $11,100 and $12,300 levels.
If the BTCUSD pair trades under the $10,000 level, sellers may test towards the $9,450 and $9,100 support levels.