Bitcoin price prediction: Resistance at $7,370 makes return to the $7,500 level tough – Confluence Detector
Healthy support level at $7,245 is holding the price up. Strong resistance levels are at $7,370 and $7,570. Bitcoin charted its third consecutive bearish day after failing at the $7,766.25 line. BTC/USD has dropped from $7,410.40 to $7,345.85. The hourly chart for Monday shows us that the price fell to $7,229.25, where it found intraday support and bounced up to $7,315.