BTC/USD traded 2.22% higher in a positive Monday for cryptos. There is a trendline on the chart and a break could point to an extended move higher. BTC/USD 4-hour chart Bitcoin has been trading well on Monday in line with the rest of the crypto majors. The main feature on the chart is the black trendline if the price breaks past the line then it could indicate a further extension to higher levels is on the cards. There are some other key support and resistance levels on the chart. The price is currently close to the blue resistance zone at 9,270.00. The area has been very strong in the past and the price has reacted there on several occasions. Below the current price and just below the psychological 9K area, there is a purple line of support which could also be important. If the pair breaks this zone then there is a good chance that the 8,500 area could be next. Looking at the indicators. the Relative Strength Index is pulling away from the overbought zone. The MACD is still looking bullish as the histogram is still in the green and the signal lines are still above the zero level which is bullish. Additional levels 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 AUD/USD: Bulls keep 0.7000 on radars ahead of RBA interest rate decision FX Street 3 years BTC/USD traded 2.22% higher in a positive Monday for cryptos. There is a trendline on the chart and a break could point to an extended move higher. BTC/USD 4-hour chart Bitcoin has been trading well on Monday in line with the rest of the crypto majors. The main feature on the chart is the black trendline if the price breaks past the line then it could indicate a further extension to higher levels is on the cards. There are some other key support and resistance levels on the chart. The price is currently close to the blue resistance zone at… 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.
