Bull run halted just for the moment by near-term resistance seen at $4350-450 price region. A failure to break above the mentioned area, could see the price falling back towards the recent bottom area of $3500. The Bitcoin price seen up holding decent gains in the latter stages of trading on Wednesday, 11.5%. Bulls were stopped short by a strong near-term area of resistance, seen within the $4350-450 price region. Should the bulls manage to breakdown the mentioned resistance, there will be some room for some chunky upside movements. There isn’t much in the way of reclaiming the big psychological $5000 mark. A failure to break through and push above the mentioned area of resistance, then BTC/USD could see its recent gains completely reversed. The price could be forced to retreat back down at the recent bottom area of $3500. BTC/USD 4-hour 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 US Dollar Index Technical Analysis: DXY drops sharply as Fed’s Powell delivers dovish comments FX Street 4 years Bull run halted just for the moment by near-term resistance seen at $4350-450 price region. A failure to break above the mentioned area, could see the price falling back towards the recent bottom area of $3500. The Bitcoin price seen up holding decent gains in the latter stages of trading on Wednesday, 11.5%. Bulls were stopped short by a strong near-term area of resistance, seen within the $4350-450 price region. Should the bulls manage to breakdown the mentioned resistance, there will be some room for some chunky upside movements. There isn't much in the way of reclaiming the big… 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.
