Bitcoin is remaining under pressure in near-term, as the number one cryptocurrency tests towards the $9,000 support level. The BTCUSD pair is now at risk of falling towards the $8,700 level if the $9,000 support level is breached with conviction. A daily price below the $8,500 support level exposes the BTCUSD pair to a possible decline towards the $7,000 support area.
The BTCUSD pair is only bullish while trading above the $9,300 level, key resistance is found at the $9,700 and the $10,080 levels.
If the BTCUSD pair trades below the $9,300, sellers may test the $8,700 and $8,500 support levels.