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Bitcoin
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BTCUSD being held up by its bullish channel!

Di ICmarkets
Broker
We see BTCUSD being held up by its ascending channel where we expect it to rise further. We are looking at a potential bounce on weakness at 9129 (horizontal pullback support) where price could rise to its resistance at 10222 (100% Fibonacci extension, 61.8% Fibonacci extension, horizontal overlap resistance).
RSI (55) is being held up by an ascending line and ichimoku cloud is showing signs of bullish pressure which contributes to our bullish bias
Bitcoin (Cryptocurrency)bitcoinforecastBTCBTCUSDbtcusdlongChart PatternsForexforexsignalsHarmonic PatternsTrend AnalysisUSD
ICmarkets
Broker
IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
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