The Bitcoin price has reached the $9,500 level for the fourth time since Feb 19, creating a strong support area.
Bitcoin Price Highlights
The Bitcoin price is trading inside a short-term descending channel.
It is most likely following a long-term symmetrical triangle.
The daily RSI is at a critical point.
There is support at $9,500.
Symmetrical Triangle
The daily chart
Bitcoin Analysis for 2020-02-25 [Premium Analysis]
![Bitcoin Analysis for 2020-02-25 [Premium Analysis]](https://s32659.pcdn.co/wp-content/uploads/2020/01/BIC_btc_open_interest_correction.jpg.optimal.jpg)