Bitcoin is trading higher alongside the broader cryptocurrency market after the US SEC once again delayed their ruling over a potential Bitcoin ETF. Short-term buyers are now in control of the world’s number crypto while price trades above the $6,500 level. Buyers need to break the $6,700 resistance level in order to keep the recent bullish momentum, while sellers need to push the BTCUSD pair under the $6,500 level once again.
The BTCUSD pair is bullish while trading above the $6,500 level, key resistance is located at the $6,830 and $6,920 levels.
If the BTCUSD pair moves under the $6,500 level, key support is found at the $6,350 and $6,100 levels.
The BTCUSD pair is bullish while trading above the $6,500 level, key resistance is located at the $6,830 and $6,920 levels.
If the BTCUSD pair moves under the $6,500 level, key support is found at the $6,350 and $6,100 levels.
