BTC/USD hit the brick wall at $4,000. The support zone goes down to $3,800. Bitcoin (BTC) is paralyzed at $4,000. The first cryptocurrency struggles below the key barrier that has been limiting the recovery since the beginning of the week. At the time of writing, BTC/USD is changing hands at $3,992. BTC/USD the daily confluence detector The resistance zone is located above the current price and includes 161.8% Fibo projection weekly, upper boundaries of 1-hour and 15-min Bollinger bands. Once it is cleared, the upside may be extended towards $4,200. Below the current price, the strong support is created by a host of SMA levels, 23.6% Fibo retracement levels on a daily and a monthly charts, as well as 38.2% Fibo retracement daily and a number of Bollinger band boundaries (midline on 1-hour and 15-min charts, upper line on 4-hour chart). The way to the South is packed with technical barriers that go all the way down to $3,800. Once below, the sell-off may gain traction thin the next focus at $3,650 guarded by 61.8% Fibo retracement monthly. BTC/USD, 1D 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 GBP/USD Technical Analysis: Risks confirming a near-term bearish break below 1.3200 handle FX Street 4 years BTC/USD hit the brick wall at $4,000. The support zone goes down to $3,800. Bitcoin (BTC) is paralyzed at $4,000. The first cryptocurrency struggles below the key barrier that has been limiting the recovery since the beginning of the week. At the time of writing, BTC/USD is changing hands at $3,992. BTC/USD the daily confluence detector The resistance zone is located above the current price and includes 161.8% Fibo projection weekly, upper boundaries of 1-hour and 15-min Bollinger bands. Once it is cleared, the upside may be extended towards $4,200. Below the current price, 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.
