Bitcoin price fell sharply lower after initially holding gains through the first half of Friday’s session. BTC/USD testing a vital area of support, this is seen at $6380 area, a breach could see a fast fall towards $6150. The Bitcoin price was seen trading down marginally by some 0.10%, well into the session on Friday, after initially being up. Bulls ran into a key near-term resistance, swiftly being rejected, to see sellers pile in, driving BTC/USD south. BTC/USD has been moving within a near-term triangular pattern, since Wednesday, as seen via the 60-miunte chart. The bulls have failed to sustain any form of upside momentum, each being swiftly sold, on any run seen. Technically, a vital area of support is being tested, this is seen at $6,380 area. A breach by the bears here, could see a fast sell off, back towards $6150, 14th October low. As previously mentioned, unless the bulls are able to break through the chunky supply that runs from $6400-600 range, it will just have to remain suppressed. 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 Bitcoin Price: Rare silence implies an explosion is on the cards Yohay Elam 4 years Bitcoin price fell sharply lower after initially holding gains through the first half of Friday's session. BTC/USD testing a vital area of support, this is seen at $6380 area, a breach could see a fast fall towards $6150. The Bitcoin price was seen trading down marginally by some 0.10%, well into the session on Friday, after initially being up. Bulls ran into a key near-term resistance, swiftly being rejected, to see sellers pile in, driving BTC/USD south. BTC/USD has been moving within a near-term triangular pattern, since Wednesday, as seen via the 60-miunte chart. The bulls have failed… 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.
