Bitcoin trades 3.41% higher on the session as crypto sentiment improves. Now the price has moved higher, there is a resistance level close by. BTC/USD Daily Chart Bitcoin has fallen from grace in recent session but today we have seen a move back up. After bouncing off the 50% Fibonacci level the price is now edging toward a resistance. The price is now either in a new downward Elliott Wave formation or a consolidation phase. If the level marked with the black line on the chart holds then it is more likely we are in a downward Elliott formation. If the 9,309.77 level is conclusively broken and the candle closes above then this could have just been an ABC pullback. So the next few sessions are important then. Additional Levels 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 Italy asks EU to raise budget deficit by 0.35 percentage points of GDP to tackle coronavirus FX Street 2 years Bitcoin trades 3.41% higher on the session as crypto sentiment improves. Now the price has moved higher, there is a resistance level close by. BTC/USD Daily Chart Bitcoin has fallen from grace in recent session but today we have seen a move back up. After bouncing off the 50% Fibonacci level the price is now edging toward a resistance. The price is now either in a new downward Elliott Wave formation or a consolidation phase. If the level marked with the black line on the chart holds then it is more likely we are in a downward Elliott formation. If… 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.
