Bitcoin price sustains from December lows under $6,500, renewing the hopes of conquering $10,000 resistance. A double top pattern formation warns of a possible reversal, especially of Bitcoin fails to rise above $10,000. Spot rate: $9,758 Relative change: -48 Percentage change: -0.5% Trend: Bearish Volatility: High BTC/USD daily chart Bitcoin price settles above the 200-day SMA but stalls at $9,900 as consolidation set in. The RSI shows that the sideways trading above $9,700 could continue throughout the weekend session. BTC/USD 4-hour chart Bitcoin price momentum indicator sustains the break into the positive zone despite the rejection at $9,900. As long as the 50 SAM continues to trend upwards and increase the gap above the 100 SMA, BTC will continue to have the potential to clear the resistances at $9,900 and $10,000 respectively. 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 Ripple Price Analysis: XRP/USD continues to dance between stacks of resistance and support areas FX Street 2 years Bitcoin price sustains from December lows under $6,500, renewing the hopes of conquering $10,000 resistance. A double top pattern formation warns of a possible reversal, especially of Bitcoin fails to rise above $10,000. Spot rate: $9,758 Relative change: -48 Percentage change: -0.5% Trend: Bearish Volatility: High BTC/USD daily chart Bitcoin price settles above the 200-day SMA but stalls at $9,900 as consolidation set in. The RSI shows that the sideways trading above $9,700 could continue throughout the weekend session. BTC/USD 4-hour chart Bitcoin price momentum indicator sustains the break into the positive zone despite the rejection at $9,900. As long… 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.
