BTCUSD at risk under $8,000
Bitcoin is at risk of further losses on the digital currency market as the BTCUSD pair declines below the psychological $8,000 level. BTCUSD buyers need to rally price above the $8,550 level to secure the number one cryptocurrency medium-term prospects. A sustained break under the $8,000 support level could see the BTCUSD pair falling towards the $7,500 technical area.
• The BTCUSD pair is only bullish while trading above the $8,550 level, key resistance is located at the $9,000 and $9,400 levels.
• If the BTCUSD pair trades under the $8,550 level, sellers may test towards the $8,000 and $7,500 support levels.
• The BTCUSD pair is only bullish while trading above the $8,550 level, key resistance is located at the $9,000 and $9,400 levels.
• If the BTCUSD pair trades under the $8,550 level, sellers may test towards the $8,000 and $7,500 support levels.
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.