Bitcoin has started the new trading week under pressure after the number one cryptocurrency failed to gain traction above the $9,300 level. A sustained loss of the $9,000 support level could see the BTCUSD pair slipping towards the $8,500 technical region. To the upside, if bulls can anchor price above the $9,300 level then the BTCUSD pair could easily rally back towards the $9,900 technical area.
The BTCUSD pair is only bullish while trading above the $9,000 level, key resistance is found at the $9,300 and the $9,900 levels.
If the BTCUSD pair trades below the $9,000, sellers may test the $8,500 and $8,100 support levels.