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Bitcoin Price Forecast: BTC/USD bulls stay in control for the second straight day as price makes a charge towards $9,250

  • BTC/USD buyers have remained in control for the second straight day.
  • The Elliott Oscillator has had two consecutive green sessions.

BTC/USD daily chart

BTC/USD daily chart

BTC/USD bulls have remained in charge for the second straight day as the price went up from $9,237 to $9,245 in the early hours of Thursday. The Elliott Oscillator has had two consecutive green sessions, which shows that the current market sentiment is bullish. Finally, the RSI has been trending around the neutral zone, meaning that the price has more upside potential.

Support and Resistance

BTC/USD bulls will need to conquer resistance at $9,295.65, $9,335.30 (SMA 20), $9,431.75 (SMA 50) and $9,475.25. On the downside, good support levels lie at $9,135 and $9,006.80 (lower curve of the 20-day Bollinger Band).

Key levels

BTC/USD

OVERVIEW
Today last price9240.21
Today Daily Change2.89
Today Daily Change %0.03
Today daily open9237.32
TRENDS
Daily SMA209333.61
Daily SMA509427.07
Daily SMA1008488.63
Daily SMA2008357.52
LEVELS
Previous Daily High9298.41
Previous Daily Low9090.13
Previous Weekly High9786.22
Previous Weekly Low8988.56
Previous Monthly High10404.88
Previous Monthly Low8823.34
Daily Fibonacci 38.2%9218.85
Daily Fibonacci 61.8%9169.69
Daily Pivot Point S19118.83
Daily Pivot Point S29000.34
Daily Pivot Point S38910.56
Daily Pivot Point R19327.11
Daily Pivot Point R29416.89
Daily Pivot Point R39535.38
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