BTC continues to take a long term support. May retrace a bit more from here and then a bounce. Bitcoin, the largest cryptocurrency by market capitalisation, has found itself in a sweet spot as the bulls continue to cling on to a long term support that has been lending its hand of support to the bulls ever since BTC started rallying at the end of March. BTC/USD is down three cents of a percent at $5,304 and trading in less than one percent range for the light volume weekend Sunday trading. On the 240-minute chart of the poster boy of cryptocurrencies, it has been hanging on to a descending trendline support since March end. At the same time, as mentioned couple of times in the past, BTC is staring at an imminent bulls technical pattern golden cross, that should also give some more strength to the already charged up bulls. BTC/USD 240-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 Forex Today: JPY and antipodeans may entertain global traders on Easter Monday FX Street 4 years BTC continues to take a long term support. May retrace a bit more from here and then a bounce. Bitcoin, the largest cryptocurrency by market capitalisation, has found itself in a sweet spot as the bulls continue to cling on to a long term support that has been lending its hand of support to the bulls ever since BTC started rallying at the end of March. BTC/USD is down three cents of a percent at $5,304 and trading in less than one percent range for the light volume weekend Sunday trading. On the 240-minute chart of the poster boy of… 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.
