Bitcoin is trading around the $9,100 level after buyers failed to secure a bullish daily price closes above the $9,800 resistance level. Short-term BTCUSD buyers soon need to return or the pair risks a deeper decline back towards the $8,600 support level. Overall, the BTCUSD pair has the capacity to stage a powerful rally towards the $14,000 level while trading above the $9,100 level.
The BTCUSD pair is only bullish while trading above the $9,100 level, key resistance is located at the $9,800 and $10,600 levels.
If the BTCUSD pair trades under the $9,100 level, sellers may test towards the $8,600 and $8,200 support levels.
