Bitcoin Price Analysis: $8,460 Support Survives Again

Bitcoin has again bounced up from support at $8,460. That level has held ground multiple times since Monday. 

The latest bounce from key support has ended up forming a Doji candle on 4H chart. So, a move above $8,600 cannot be ruled out. 

4H chart

However, a breakout would be confirmed only if prices see a sustained move above $8,750. That would shift the focus to $9,000 (200DMA). 

On the downside. $8,460 is key support, which if breached, would risk notable losses with such a scenario targeting initial support objectives at $8,000.