BTCUSD BULLISH ABOVE $7,000 LEVEL
The BTCUSD pair has started the month of September with a positive tone, as the number one digital currency continues to trade above key support. Bitcoin is now trading above the $7,000 level and may target its 200-day exponential moving average (EMA), around the $7,500 level. The bullish sentiment surrounding BTCUSD pair is likely to remain in place while price trades above the $7,000 level.
The BTCUSD pair remains bullish while trading above the $7,000 level, key resistance is now found at the $7,350 and $7,800 levels.
If the BTCUSD pair trades below the $7,000 level, a decline towards the $6,800 and $6,550 levels seems likely.
The BTCUSD pair remains bullish while trading above the $7,000 level, key resistance is now found at the $7,350 and $7,800 levels.
If the BTCUSD pair trades below the $7,000 level, a decline towards the $6,800 and $6,550 levels seems likely.
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