Bitcoin is particularly bullish today as technical levels adjust positively. The support at $10,500 is important for further upward correction in the short-term. Bitcoin is slightly bullish on Thursday after a gruesome battle between the bears and the bulls on Wednesday. After opening the trading at $10,583.73 the price action shot to $10,623.58. The 0.2% subtle increase in value has seen the largest crypto exchange hands at $10,603 at the time of press. Fred Wilson, the co-founder of a venture capital company, Union Square Ventures in his latest blog post showered Bitcoin with praises saying that there is nothing matches the largest crypto on the market. He admits that several protocols especially the anonymous ones to have a number of better use cases. However, for him, the underlying factor is that “Bitcoin is out digital gold.” Read more: VC Fred Wilson slams Ethereum: “Bitcoin is our digital gold” BTC/USD daily chart Bitcoin price is fighting to stay above the support at $10,500 after recovering from the losses witnessed yesterday. Also supporting today’s minor bullish correction is the simple moving averages; 50-Day SMA and 100-Day SMA. The Moving Average Convergence Divergence (MACD) is moving north with a visible bullish divergence to suggest growing buyer influence. The Relative Strength Index (RSI) is above the average but leveling as a signal for incoming sideways action. 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 Forex Today: Pound rallies on Johnson’s defeats, trade hopes, and top-tier US data ahead FX Street 4 years Bitcoin is particularly bullish today as technical levels adjust positively. The support at $10,500 is important for further upward correction in the short-term. Bitcoin is slightly bullish on Thursday after a gruesome battle between the bears and the bulls on Wednesday. After opening the trading at $10,583.73 the price action shot to $10,623.58. The 0.2% subtle increase in value has seen the largest crypto exchange hands at $10,603 at the time of press. Fred Wilson, the co-founder of a venture capital company, Union Square Ventures in his latest blog post showered Bitcoin with praises saying that there is nothing matches… 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.
