BTCUSD BULLS IN CONTROL ABOVE $6,550
Bitcoin has once again found buying interest with the world’s number one cryptocurrency advancing towards the $6,630 resistance level. The BTCUSD pair retains an intraday bias while trading above the $6,550 level and may advance towards the former weekly high around the $6,800 level. It is also worth noting that volatility in Bitcoin is now at its lowest point in over one year.
The BTCUSD pair is bullish while trading above the $6,550 level, key resistance is found at the $6,800 and $7,100 levels.
If the BTCUSD pair trades below the $6,550 level, key support is located at the $6,399 and $6,150 levels.
The BTCUSD pair is bullish while trading above the $6,550 level, key resistance is found at the $6,800 and $7,100 levels.
If the BTCUSD pair trades below the $6,550 level, key support is located at the $6,399 and $6,150 levels.
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