Bitcoin price comes under selling pressure into the second half of Monday. Should the gains of Sunday be totally erased and the low area be broken, another wave of selling would likely take BTC/USD down to $3000. The Bitcoin price into the second half of the session on Monday, came under some selling pressure once again. After the price had stages a decent rebound on Sunday. BTC/USD gunning back towards the rebound area seen within the $3500 region. BTC/USD sellers may have simply just run exhausted, after the consistent hard selling seen over the past couple of weeks. Hence why the price saw a chunky bounce on Sunday, with the big short-sellers closing out of their positions. Should the area where the promising bounce on Sunday be tested and breached, then expect a bigger wave of selling. Eyes will then be on $3000 mark to the downside. Near-term resistance remains tough within the $4500 territory. BTC/USD 60-minute 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 USD/JPY Technical Analysis: Greenback gaining strength against Yen en route to 113.70 target FX Street 4 years Bitcoin price comes under selling pressure into the second half of Monday. Should the gains of Sunday be totally erased and the low area be broken, another wave of selling would likely take BTC/USD down to $3000. The Bitcoin price into the second half of the session on Monday, came under some selling pressure once again. After the price had stages a decent rebound on Sunday. BTC/USD gunning back towards the rebound area seen within the $3500 region. BTC/USD sellers may have simply just run exhausted, after the consistent hard selling seen over the past couple of weeks. Hence… 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.
