BTC/USD BUY LONG ENTRY 1 $9,568 ENTRY 2 $9,368 SL $8,995 TP.1 10,040 TP.2 10,268 TP.3 10,540 TP.4 10,840 tp.5 11,000 Downside areas of potential technical support related to both of those levels include the 9269.57 and 9389.28 areas. Additional areas of technical support that traders pushed BTC/USD below during its depreciation late last week include the 10149.22, 10095.40, 9887.63, and 9816.32 levels. The current phase of price consolidation has traders evaluating additional areas of potential downside technical support. Notably, the 9010.07 level represents the 61.8% retracement of the move from 10545.43 to 6526.00, and may provide some buying pressure when it is tested. The reversal of the pair’s recent ascent through and above upside price objectives could see some of those areas become potential areas of technical support. These levels include 9370.10, 9322.05, 9203.36, 9169.41, 9078.05, and 8880.87 among many others.
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