BTC/USD capped by DMA50 at $6,450. Bitcoin futures expired will no impact on the market. One Bitcoin goes for $6,400; the price of the largest digital asset has not changed in recent 24 hours as the market volatility dropped to the lowest level sice March 2017. On the daily chart, BTC/USD is capped by DMA50, currently at $6,450. We need to move above this hurdle before the recovery can gain traction with the next aim at $6,550 (the upper border of the recent channel), abd $6,600. Meanwhile both daily Relative Strength Index (RSI) and Momentum indicator are flat. which implies that the breakthrough ay not be coming soon. On the downside, $6,330-$6,300 may stop the decline for the time being. The market will nedd a good trigger to extend a sell-off towards a strong congesion zone of $6,230. CME Bitcoin futures expiration produced no effect on Bitcoin as the coin is glued to $6,400. This market is listless, while a month ago the upcoming futures settlement sparkled some volatility. What’s more, the stock market carnage did not have any impact on cryptocurrencies as the industry decoupled from the rest asset classes. BTC/USD, 4-hour chart FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next EUR/USD: Risk-off and political uncertainty in Germany may keep EUR under pressure FX Street 4 years BTC/USD capped by DMA50 at $6,450. Bitcoin futures expired will no impact on the market. One Bitcoin goes for $6,400; the price of the largest digital asset has not changed in recent 24 hours as the market volatility dropped to the lowest level sice March 2017. On the daily chart, BTC/USD is capped by DMA50, currently at $6,450. We need to move above this hurdle before the recovery can gain traction with the next aim at $6,550 (the upper border of the recent channel), abd $6,600. Meanwhile both daily Relative Strength Index (RSI) and Momentum indicator are flat. which implies… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
