Bitcoin has recovered slightly, still in the range $9,000-$10,000 range. A critical resistance of $10,000 is still to be taken out. Bitcoin (BTC) has recovered from recent lows and settled above $9,700 handle. At the time of writing, BTC/USD is changing hands at $9,767, gaining nearly 3% in recent 24 hours amid growing upside momentum. Twitter account “Whale Alert,” registered another spike of crypto whales activity. The big accounts got to life and moved around about $3 billion in BTC in six hours. Read more details here Bitcoin’s technical picture From the intraday perspective, the initial support awaits BTC/USD on approach to $9,550. This area is strengthened by a confluence of SMA100 (Simple Moving Average) and SMA50 on 1-hour chart. A sustainable move below this handle will allow for an extended sell-off with the next focus on $9,500 (the lower line of 1-hour Bollinger Band) and psychological $9,000. On the upside, we will need to see a sustainable move above $9,800 with the intraday high located just above this handle. Once above, the price of the first digital coin will proceed to critical $10,000 strengthened by SMA100 4-hour. BTC/USD, 1-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 When are the Eurozone Prelim GDP and CPIs and how could they affect EUR/USD? FX Street 4 years Bitcoin has recovered slightly, still in the range $9,000-$10,000 range. A critical resistance of $10,000 is still to be taken out. Bitcoin (BTC) has recovered from recent lows and settled above $9,700 handle. At the time of writing, BTC/USD is changing hands at $9,767, gaining nearly 3% in recent 24 hours amid growing upside momentum. Twitter account "Whale Alert," registered another spike of crypto whales activity. The big accounts got to life and moved around about $3 billion in BTC in six hours. Read more details here Bitcoin's technical picture From the intraday perspective, the initial support awaits BTC/USD on… 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.
