Bitcoin won the battles of stepping higher above $10,900 but lost the war of breaking $11,000 hurdle. BTC/USD ability to launch another attack on $11,000 will depend on the capacity to stay above the 50 SMA in the coming sessions. Bitcoin continues with the mission to break $11,000 psychological level over the weekend. The largest cryptocurrency won the battle of stepping above $10,800 and $10,900 hurdles respectively but lost the way shy of $11,000. The 4-hour chart for BTC/USD trading air shows Bitcoin has expanded the range to cover $11,000 as the ultimate resistance and $10,200 as the vital support area. The crypto is teetering at $10,373 following a subtle 0.29% loss and a relative change of -29 on Monday. The prevailing trend is relatively bearish but as long as BTC stays above the 50 Simple Moving Average, the price could step above $10,400 in the near-term. A one-week long trend line will come in handy in case of declines progressing. Other support areas to keep in mind are $9,800 and $9,400 – $9,200. BTC/USD 4-hour 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 Act now to get ready for recession – UK’s think tank FX Street 4 years Bitcoin won the battles of stepping higher above $10,900 but lost the war of breaking $11,000 hurdle. BTC/USD ability to launch another attack on $11,000 will depend on the capacity to stay above the 50 SMA in the coming sessions. Bitcoin continues with the mission to break $11,000 psychological level over the weekend. The largest cryptocurrency won the battle of stepping above $10,800 and $10,900 hurdles respectively but lost the way shy of $11,000. The 4-hour chart for BTC/USD trading air shows Bitcoin has expanded the range to cover $11,000 as the ultimate resistance and $10,200 as the vital support… 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.
