Bitcoin price resumes its position above 10,500, forms support near $9800 and $10,000\r\n \tBTC currently battling with resistance below $10,600\r\n \tBTC has reached above 10,000 only in 2 hours, $9321.17 has acted as a strong support\r\n \tA steady surge above $10,700 is anticipated if Bitcoin manages to clear the resistance\r\n\r\nBitcoin has resumed an increase in its price after a week-long bearish phase and the coin is bullishly trading against U.S. Dollar. The increase over a short span of time has impacted the crypto market in a positive manner.\r\n\r\nYesterday, Bitcoin had its price range between $9600 to $9800 initially, after which it dropped to $9385.02. Extending its price fall, it tumbled to $9321.17 where it saw strong support to start its price recovery. The Bitcoin then sharply reached $10083.87 and here it continued its steady increase to $10745.52.\r\n\r\nHere it has struck a price surge of $15.70 from its 24-hour low price point of $9,376.80. BTC has corrected down to $10,522.26 and since then the coin has maintained its price range around $10,500 to $10,600. At 04:29:43 UTC, Bitcoin was trading at $10,568.65 with an increase of 8.97% over a day.\r\nBTC\/USD Price Chart\r\n\r\n\r\nBitcoin price seems to have stepped out of the Selling pressure and is in neutral zone after such an increase in its price. Though the coin is 5.10% lower than its 30-days SMA of $11137.46 but is ahead of its 5-day SMA.\r\n\r\nOnly in 2 hours, Bitcoin has cleared major resistance levels near $9500, $9800 and $10,100. The coin is currently in an attempt to trade above the price barriers near $10600.\r\nBitcoin Price Prediction & Technical Indicators:\r\nThe MACD chart for the coin is lowly volatile and it just had a bullish crossover. RSI for BTC\/USD is just below 50 showing a stable momentum. BTC price may see resistance at $11,143.28 and $11,620.08 while continuing the surge. BTC may see support levels at $9,783.24 and $8,900 if any price drop takes place.