Bitcoin trades 4% higher as sentiment turns positive on Thursday. Bitcoin is respecting the Fibonacci theories very well at the moment and it is displayed in the chart. BTC/USD 1-Hour Chart The market sentiment to a turn for the good today. Bitcoin has pushed higher against the dollar which is struggling in the FX world too. On the chart below, the price found resistance at the 1.618% extension which matched up with the 50% retracement. On the daily chart, 9,280.98 is a resistance level to keep an eye on too. The price is still technically in a downtrend on the higher timeframes but on the hourly, there is some promise as the waves are making higher lows and higher highs. 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 NZD/USD regains 0.6300, resilient to coronavirus-led panic FX Street 2 years Bitcoin trades 4% higher as sentiment turns positive on Thursday. Bitcoin is respecting the Fibonacci theories very well at the moment and it is displayed in the chart. BTC/USD 1-Hour Chart The market sentiment to a turn for the good today. Bitcoin has pushed higher against the dollar which is struggling in the FX world too. On the chart below, the price found resistance at the 1.618% extension which matched up with the 50% retracement. On the daily chart, 9,280.98 is a resistance level to keep an eye on too. The price is still technically in a downtrend on the… 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.
