Contributors Technical Analysis BTCUSD New 2020 High

BTCUSD New 2020 High

Bitcoin has hit yet another 2020 trading high, with the BTCUSD pair moving within touching distance of the $10,000 resistance level. Traders that are bullish towards the BTCUSD pair will be looking for a weekly price close above the $9,800 level over the weekend. Overall, traders that are bearish towards the BTCUSD pair may look to sell the cryptocurrency from the $10,300 resistance area.

The BTCUSD pair is only bullish while trading above the $9,300 level, key resistance is found at the $10,000 and the $10,300 levels.

If the BTCUSD pair trades below the $9,300, sellers may test the $9,000 and $8,500 support levels.

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