Bitcoin prices are now located between the long-term uptrend line and $10,600 price, which was the primary support line before.
When the bitcoin price breaks through the $10,600 level, it is expected that the rally will continue and absorb the selling volumes with the long-term uptrend.
On the other hand, if the bitcoin price breaks down the long-term uptrend line and fails to gain support at the $10,000 level,
it is expected downward momentum to be continued and will be tested again at the second support level of $ 9,500.
When the bitcoin price breaks through the $10,600 level, it is expected that the rally will continue and absorb the selling volumes with the long-term uptrend.
On the other hand, if the bitcoin price breaks down the long-term uptrend line and fails to gain support at the $10,000 level,
it is expected downward momentum to be continued and will be tested again at the second support level of $ 9,500.