Valdrin discovered cryptocurrencies while he was getting his MSc in Financial Markets from the Barcelona graduate school of Economics. Shortly after graduating, he began writing for several different cryptocurrency related websites as a freelancer before eventually taking on the role of BeInCrypto's Senior Analyst.
The Bitcoin price is facing resistance at the 0.618 Fib level at $9,840.
Both the hourly and the daily RSI have begun to generate bearish divergence.
There is long-term resistance at $10,400.