Bitcoin price has formed a bottom area range from $3700-500, a breach would send price down towards $3000. Genis Trading CEO Michael Moro believes Bitcoin will bottom at the $3000 mark. Bitcoin price on Tuesday, was nursing minor losses of around 1.6%, towards the latter stages of the session. Price action over the past two days now, has slowed down, the range has been narrowing up somewhat. There are still some that do not believe the bottom has been seen yet for the number 1 cryptocurrency by market cap. The CEO of Genis Trading, Michael Moro, said that Bitcoin won’t have bottomed until 3K flat level. Technically, the near-term bottom that has formed around the $3700-500 range, is vital support. Should the BTC/USD bears manage to pierce this, well it would be very punishing to say the least. Eyes would naturally next be on the $3000 level. BTC/USD daily 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 steadies below 1.13 as attention turns to Fed speakers FX Street 4 years Bitcoin price has formed a bottom area range from $3700-500, a breach would send price down towards $3000. Genis Trading CEO Michael Moro believes Bitcoin will bottom at the $3000 mark. Bitcoin price on Tuesday, was nursing minor losses of around 1.6%, towards the latter stages of the session. Price action over the past two days now, has slowed down, the range has been narrowing up somewhat. There are still some that do not believe the bottom has been seen yet for the number 1 cryptocurrency by market cap. The CEO of Genis Trading, Michael Moro, said that Bitcoin won't… 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.
