Fri, Dec 04, 2020 @ 23:51 GMT
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BTCUSD $9,200 Support

Bitcoin bulls need to rally the number cryptocurrency to a fresh monthly trading high this week or traders may grow impatient and turn bearish. The $9,200 level remains the key support area to watch, losses below the area could prompt a decline towards the $8,800 level. Looking at the upside, a breakout above the $10,100 level exposes the BTCUSD to technical buying towards the $11,600 level.

The BTCUSD pair is only bullish while trading above the $9,400 level, key resistance is found at the $10,100 and the $10,500 levels.

If the BTCUSD pair trades below the $9,400 level, sellers may test the $9,200 and $9,000 support levels.

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