Bitcoin in a scenario of indecision, bulls and bears fight over $ 9,300.
The total indecision formed in the price of Bitcoin at the moment has caused us to start the week on the same levels of the previous one around $ 9,319. In one-day graphics you can see much better as there is a fight between bulls and bears at these levels.
In the first place, the bears lowered the price from 9,400 to $ 9,127 yesterday, but this movement was quickly reversed by buyers who are trying to push BTC above $ 9,400 today but have encountered very important selling forces.
Currently the $ 9,300 is a place of indecision, where there is no clear sign of what could happen, the next candle should give us hints of what we can see in Bitcoin this week, which has an important pivot point or support on the $ 9,150 and a resistance over $ 9,765.
At the moment the RSI in a day chart is not very favorable to bulls, it is already at very high levels so a correction at any time could happen, triggering movements below $ 9,100. We must expect the same thing to happen on the next candle since there are no signs of important movements at the moment. The upward trend is still maintained, as is the short trend line marked from $ 6,876.
