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BTC / USD to break $ 9000 soon?

  • BTC / USD trades for $ 8,350 in the early hours of Thursday.
  • Bulls aim for $ 10,000.

The Bitcoin Bulls raised the price from $ 8,200 to $ 8,350 in the early hours of Thursday. Earlier Wednesday, BTC / USD went up from $ 8,040 to $ 8,200. The price reached $ 8,240 before the bears corrected the market and took it down to $ 8,145. The bulls rose again on the market and refused to let go of their jaw.

BTC / USD Daily Chart

  • The expanded jaw of the 20-day Bollinger band shows increased market volatility.
  • The last session of the daily BTC / USD price chart crept into the upper basket of the Bollinger band.
  • On the upside, the nearest resistance level is $ 8,350.
  • Market trends over SMA 200, SMA 50 and SMA 20 curves. 1[ads1]9659006] The signal line has diverged from the MACD line and shows increasing bullish momentum.
  • The relative strength index (RSI) indicator is trending in the buyout area.
  • Elliot Wave Oscillator shows 15 consecutive bullish sessions.

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