#BTC/USD 1 week Bullish or Bearish Technical Analysis:

A DOJI candle above above Resistance is very bullish sign.

All we need is a close above $9400 and then $9700 for being extremely bullish. Next 2 weeks will be crucial. We will see BTC heading to 10,000+ again (as per chart).

Why do I think BTC is bullish? These recent dumps could be a for liquidating the high leverage late longs on futures before heading to the upside.

Secondly BTC held the $9400 level which is a strong sign.

I will share the third reason after this post.( It’s a fundamental reason)

Resistance Levels:

1. $9730

2. $10511

3. $10977

4. $10518

Support levels in case we break down:

1. $9233

2. $8757(50D MA)

3. $8688

4. $7400

5. $6763

My personal Bias is bullish unless $9200 breaks.

Thanks for reading. Do share this update with your friends, Wherever you like.