The buying pressure is finally back. The next few days will be crucial for future trend.
Actual support/resistance: $9'100/$10'000
After more than 10 days of correction, bitcoin seems to have found support above $9'100. A significant buying pressure was noted and the resistance at $10'000 has been tested without success. The price has deviated significantly from the average in recent days. As it was the case with the extreme bullish momentum observed last month, it is likely that a return to the mean will occur in the coming days. The technical indicators are also highly divergent with an oversold RSI(14) and MACD lines that have significantly diverged from each other. If the price stabilizes above the psychological level of $10'000 at the end of July to get closer to the 20-day moving average, this would be an extremely positive sign for a future bullish momentum. The actual support and resistance key levels should be observed carefully.
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