Bitcoin detail update & why I considered 9k as important zone

Hello Steemians

Hope everyone is doing well.

I was expecting that price hold $9k & momentum continue towards $20k.

But FUD

Only bad news affect TA.

From last 3 days whole cryptocurrency market in red.

Why I am considering $9k important zone.

I also mentioned that under $10k for bitcoin will be

good price for long term target $20k.(My first target)

Compare History

we seen at $9k there is too much support

BarUp/Down indicator favours $9k all time.

we saw in past that bitcoin consolidation too much

between $8200-9000

ADX indicator supports $9k too much in past.

While big sign is that that SMA 200 below price at

$9k. I know price is drop a little bit from $9k.

But Bitcoin is volatile currency

so it can regain it in hours.

Compare history How many times price bounce from $9k.

Compare three things to consider here

Stochastic RSI at ($9k)

Donchain Channels at($9k)

Bounce back from key support at ($9k)

What's next ?

Hopefully I expect bounce from here

because Stochastic RSI turning upward

along with Woodies CCI indicator.

Key level to watch now on downside (for next 24 hours)

$8500

$8380

$8040

Key level to watch now upside (for next 24 hours)

$8821

$9074

$9231

Go through lessons (by salahuddin2004)

Lesson # 1 (Support/Resistance levels)
https://steemit.com/bitcoin/@salahuddin2004/lesson-1

Lession # 2 (Breakout/Breakdown/New Support/New Resistance)
https://steemit.com/bitcoin/@salahuddin2004/lesson-2

Lesson # 3 (False Breakout & how to avoid them)
https://steemit.com/cryptocurrency/@salahuddin2004/lesson-3-false-breakout-and-how-to-avoid-them

Top 70 Cryptocurrencies (Buying points/Target points) by me
https://steemit.com/bitcoin/@salahuddin2004/top-70-cryptocurrencies-buying-points-target-points

FOR requesting TA, Whatsapp me

https://steemit.com/bitcoin/@salahuddin2004/one-extra-feature-for-my-followers

Don't Forget to Resteem.

Thank you.

Take care.