BTCUSD BULLISH ABOVE $7,000 LEVEL
The BTCUSD pair has started the month of September with a positive tone, as the number one digital currency continues to trade above key support. Bitcoin is now trading above the $7,000 level and may target its 200-day exponential moving average (EMA), around the $7,500 level. The bullish sentiment surrounding BTCUSD pair is likely to remain in place while price trades above the $7,000 level.
The BTCUSD pair remains bullish while trading above the $7,000 level, key resistance is now found at the $7,350 and $7,800 levels.
If the BTCUSD pair trades below the $7,000 level, a decline towards the $6,800 and $6,550 levels seems likely.
The BTCUSD pair remains bullish while trading above the $7,000 level, key resistance is now found at the $7,350 and $7,800 levels.
If the BTCUSD pair trades below the $7,000 level, a decline towards the $6,800 and $6,550 levels seems likely.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.