Bitcoin Topside Bias Vulnerable If it Closes Below One Crucial Level

[Dociko]

Bitcoin price retested the $10,750 support and recently corrected higher against the US Dollar. BTC must stay above $10,750 to start a fresh increase in the near term.

Bitcoin is struggling to gains momentum above the $11,000 and $11,000 resistance levels.
The price is currently trading well above the $10,750 support and testing the 100 hourly simple moving average.
There was a break above a key bearish trend line with resistance near $10,880 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair could nosedive if the bulls fail to protect the $10,750 support zone in the near term.
Details: https://www.newsbtc.com/2020/09/21/bitcoin-topside-bias-vulnerable-3/?amp