Bitcoin trading volume is standing slightly above $9 billion. Bitcoin bull Mike Novogratz predicts Bitcoin price surge at the end of the ongoing sideways trading. BTC/USD opened the week at $3,961 and corrected above the stubborn hurdle at $4,000. This was the second attempt the largest crypto by market capitalization was making to sustain growth above $4,000. The first attempt took place on Saturday during the weekend session but failed to hold position above $4,020 resulting in declines. At the time of writing, Bitcoin trading volume is standing slightly above $9 billion. The high exchange volume means that BTC/USD is poised for another upward movement that could test the weekly high. If the bulls manage to pull Bitcoin above $4,200, it is very likely that the move will pave the way for a further breakout to the north. The 15-minutes chart shows a forming bullish momentum above the descending trendline. In spite of the bullish momentum, the range limit at $3,980 is still far from reach in the short-term. Bitcoin must step above this resistance limit for a correction above $4,000. Meanwhile, the price is immediately supported by the 50 SMA 15-minutes. The 100 SMA 15-minutes support lies at $3,965.80. Other support levels include $3,960, $3,950 and the range support at $3,940. As reported in the cryptocurrency market update article earlier today, Bitcoin bull Mike Novogratz predicts Bitcoin price surge at the end of the ongoing sideways trading. BTC/USD 15′ 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 has more room to the upside Yohay Elam 4 years Bitcoin trading volume is standing slightly above $9 billion. Bitcoin bull Mike Novogratz predicts Bitcoin price surge at the end of the ongoing sideways trading. BTC/USD opened the week at $3,961 and corrected above the stubborn hurdle at $4,000. This was the second attempt the largest crypto by market capitalization was making to sustain growth above $4,000. The first attempt took place on Saturday during the weekend session but failed to hold position above $4,020 resulting in declines. At the time of writing, Bitcoin trading volume is standing slightly above $9 billion. The high exchange volume means that BTC/USD is… 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.
