Thu, Sep 23, 2021 @ 06:30 GMT
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BTCUSD $37,000 Daily Pivot

The BTCUSD pair is starting to erode its strong weekly gains as bearish fundamental news and the strengthening US dollar weigh on cryptos. Bitcoin bulls must defend the $37,000 support area today to avoid a price drop towards $36,500 and possibly $35,500. If the $37,000 support level remains defended then the BTCUSD pair could rally back towards the $39,000 level.

The BTCUSD pair is only bullish while trading above the $37,000 level, key resistance is found at the $38,000 and the $39,000 levels.

If the BTCUSD pair trades below the $37,000 level, sellers may test the $36,500 and $35,500 levels.

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