The BTCUSD pair has briefly moved above the $7,000 level as the number one digital currency continues to move higher alongside the broader cryptocurrency market. Bitcoin remains bearish in the medium-term while trading below the $8,300 level. In the short-term, the bullish sentiment surrounding the BTCUSD pair is likely to remain while price trades above the $6,800 level.
The BTCUSD pair is bullish while trading above the $6,800 level, key resistance is now found at the $7,050 and $7,200 levels.
If the BTCUSD pair trades below the $6,800 level, key support is located at the $6,550 and $6,399 levels.
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