Bitcoin (BTC) Price Prediction \u2013 February 10<\/strong><\/p>\n
BTC\/USD slides below $10,000 after a day-long of acceptable bullish bias as the coin trades around $9,800.<\/p>\n
Key levels:<\/p>\n
Resistance Levels: $10,800, $11,000, $11,200<\/p>\n
Support Levels: $9,200, $9,000, $8,800<\/p>\n
BTC\/USD<\/a> dropped below $10,000 during the early Asian hours of trading but the coin failed to recover above the critical level so far. At the time of writing, the price of Bitcoin is moving around $9,823 as the coin is down with 3.39% within 24 hours. The number one cryptocurrency hit a brick wall on the approach to $10,200 and dropped under the pivotal area in a matter of hours.<\/p>\n
Looking at the 4-hour chart, Bitcoin’s price is currently trading around $9,861 and below the 21 periods EMA after falling from $10,205 where the coin touched today. Whereas, traders can see that the bullish supply is coming up slightly in the market while the sellers are also trying to drag the price down.<\/p>\n
Moreover, in as much as the buyers can strengthen and energize the market, they can further push the price back to a $10,000 resistance level. Therefore, breaking the mentioned resistance could also allow the bulls to test the $10,100 and above. Meanwhile, the market is indecisive as the RSI (14) indicator moves below the 50-level, but any further movement below the lower boundary of the channel may reach the support level of $9,600 and below.<\/p>\n
Please note:<\/strong> Insidebitcoins.com<\/a> is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"