Bitcoin Price Prediction: BTC/USD Touches $9,211; May Likely Bounce Back from $9,200

BTC/USD price is slowly approaching crucial supports and the bears need to be very careful once the price reaches the $9,200 support level. The coin is in a dangerous position as the price slipped below the critical supports.

A further low drive could send the price to $8,800, $8,600, and $8,400 support levels while the resistance levels lie at $9,800, $10,000, and $10,200. More so, the technical indicator RSI (14) is seen moving around 55-level, suggesting sideways movement.

Timeline of Bitcoin