BTC/USD is currently trading at $5,853. The market is currently enjoying bullish momentum. BTC/USD went up from $5,685 to $5,853 this Tuesday, charting a 3% rise in price. Currently, the bulls are negotiating hard with the $6,000 resistance level. Technical analysis shows that the market may gain enough upward momentum to breach past these levels. BTC/USD Daily Chart On the upside, the resistance levels lie at $6,000, $6,150, and $6,215. On the downside, the support levels are at $5,650, $5,500, and $5,445. The market found support on the upward trending line. BTC/USD is above the SMA 200, SMA 50, and SMA 20 curves. The signal line is diverging away from the MACD line showing stronger bullish momentum. The Relative Strength Index (RSI) indicator is trending in the overbought zone. The Elliot Wave Oscillator shows six consecutive bullish sessions with increasing intensity. 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 GBP/USD clings to 1.3070 amid Brexit uncertainty FX Street 3 years BTC/USD is currently trading at $5,853. The market is currently enjoying bullish momentum. BTC/USD went up from $5,685 to $5,853 this Tuesday, charting a 3% rise in price. Currently, the bulls are negotiating hard with the $6,000 resistance level. Technical analysis shows that the market may gain enough upward momentum to breach past these levels. BTC/USD Daily Chart On the upside, the resistance levels lie at $6,000, $6,150, and $6,215. On the downside, the support levels are at $5,650, $5,500, and $5,445. The market found support on the upward trending line. BTC/USD is above the SMA 200, SMA 50, and… Top 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.
