On February 7, the Bitcoin price broke out above a significant resistance area before validating it as support.
Bitcoin Price Highlights
The Bitcoin price has broken out above a significant resistance area.
There is support at $9550.
It has possibly created a short-term head and shoulders pattern.
The short-term RSI supports a price decrease.
Short-Term Breakout
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Valdrin is a cryptocurrency enthusiast and financial trader. After obtaining a masters degree in Financial Markets at the Barcelona Graduate School of Economics he began working at the Ministry of Economic Development in his native country of Kosovo. In 2019, he decided to focus full-time on cryptocurrencies and trading.