Cryptocurrency Alert BTCUSD

BTCUSD – Bitcoin

BTCUSD has been under pressure for a while recently touching down below $6000. Price has reacted off $6000 and will need to hold above this level for upside in the near term. We are now watching BTC as a proxy for the overall crypto market and will want to see a higher low build above 6000 for evidence that buyers are stepping in to the action to defend higher levels.

Crypto – BTCUSD – Bitcoin

Current Price : $8618

Status : On watch for higher low