Bitcoin price on Wednesday was seen trading in very minor negative territory by some 0.20%. BTC/USD is moving within an ascending channel formation, as seen via the daily time frame. Bitcoin price on Wednesday is seen nursing very minor losses of some 0.20% towards the latter part of the session. It has been a generally muted session for the market in general, continuing to move within a narrowing nature. BTC/USD price action remains within the confinements of an ascending channel formation, subject to potential breakout south. The market bears have been testing the lower supporting trend line to the downside but remain intact for now. In terms of the technical review, price action is vulnerable to further downside pressure, given the above-noted structure. The key tracking ascending trend line is observed at $3850-30, should the bears force a breach then a fresh wave of selling pressure may be observed. A near-term ascending channel can also be observed via the 60-minute view. BTC/USD 60-minute 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 Brexit voting: The amendments to Theresa May’s motion that will be voted upon FX Street 4 years Bitcoin price on Wednesday was seen trading in very minor negative territory by some 0.20%. BTC/USD is moving within an ascending channel formation, as seen via the daily time frame. Bitcoin price on Wednesday is seen nursing very minor losses of some 0.20% towards the latter part of the session. It has been a generally muted session for the market in general, continuing to move within a narrowing nature. BTC/USD price action remains within the confinements of an ascending channel formation, subject to potential breakout south. The market bears have been testing the lower supporting trend line to the downside… 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.
