Bitcoin price is trading in positive territory, up 7.50% in the second half of the session. BTC/USD has been narrowing for seven sessions now, a breakout is nearing. Resistance to the upside should be noted at $5800, support at $4800. BTC/USD daily chart The trading range is tight, as detailed above with the noted range. Price formation is more so a range-block, as the bulls look to cancel out any risk of a bearish pennant. BTC/USD 60-minute chart The price rejected by a barrier at $5800, near-term evening star formation seen via the 60-minute chart view. Spot rate: 5837.16 Relative change: +7.50% High: 5922.82 Low: 5265.40 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 USD/CNY: Weaking pressure on the CNY – Nordea FX Street 2 years Bitcoin price is trading in positive territory, up 7.50% in the second half of the session. BTC/USD has been narrowing for seven sessions now, a breakout is nearing. Resistance to the upside should be noted at $5800, support at $4800. BTC/USD daily chart The trading range is tight, as detailed above with the noted range. Price formation is more so a range-block, as the bulls look to cancel out any risk of a bearish pennant. BTC/USD 60-minute chart The price rejected by a barrier at $5800, near-term evening star formation seen via the 60-minute chart view. Spot rate: … 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.
