BTCUSD $9,100 resistance
Bitcoin remains under pressure on Tuesday as the number one cryptocurrency continues to decline after failing to rise above the $10,000 level last week. Technical analysis show that the $9,100 level offers the strongest form of short-term technical resistance for the BTCUSD pair. Continued losses below the $8,700 level could cause Bitcoin to tumble towards the $8,100 level this week.
The BTCUSD pair is only bullish while trading above the $9,100 level, key resistance is found at the $9,300 and the $9,900 levels.
If the BTCUSD pair trades below the $9,100, sellers may test the $8,500 and $8,100 support levels.