Bitcoin has continued to be under pressure, seen down around 1% on Friday, after a week of selling. BTC/USD on the daily time frame has seen a hammer candlestick, which could be the indication of a reversal to come. Bitcoin was down again on Friday, dealing with losses of around 1%, after a consistent bought of selling seen for the crypto market across the board. BTC/USD has traded down for six consecutive sessions now. BTC/USD via the daily time frame is seeing a hammer candlestick take form, which if played by the textbook could start to see a reversal. This will Bitcoin has lost some 12% in value, dropping from around $8300 down to $7200. Technically, given the hammer candlestick seen on the daily time frame, allied with BTC/USD trading within a touted demand zone, some decent bullish upside may be imminent. The supporting area tracks from $7450 down to $7281. BTC/USD daily 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 Gold soars and rises to $1220 FX Street 5 years Bitcoin has continued to be under pressure, seen down around 1% on Friday, after a week of selling. BTC/USD on the daily time frame has seen a hammer candlestick, which could be the indication of a reversal to come. Bitcoin was down again on Friday, dealing with losses of around 1%, after a consistent bought of selling seen for the crypto market across the board. BTC/USD has traded down for six consecutive sessions now. BTC/USD via the daily time frame is seeing a hammer candlestick take form, which if played by the textbook could start to see a reversal.… 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.
