BTC/USD dropped from $8,764.45 to $8,631.70 this Thursday. Strong resistance level lies at $8,890. BTC/USD is on course for charting three bearish days in a row. The sellers dropped the price of BTC/USD from $8,764.45 to $8,631.70 this Thursday. So far this Friday, BTC/USD has fallen further to $8,601.15. The daily confluence detector shows us that there is a healthy support level at $8,530, which is holding the price up above the $8,500 level. On the upside, strong resistance lies at $8,890. BTC/USD daily confluence detector $8,890 resistance level has the one-week Fibonacci 23.6% retracement level and the one-day Pivot Point resistance two. On the downside, the $8,530 support level has the 50-day Simple Moving Average (SMA 50) and one-month Fibonacci 61.8% retracement level. 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 EUR/USD Technical Analysis: 50-day SMA restricts immediate recovery FX Street 3 years BTC/USD dropped from $8,764.45 to $8,631.70 this Thursday. Strong resistance level lies at $8,890. BTC/USD is on course for charting three bearish days in a row. The sellers dropped the price of BTC/USD from $8,764.45 to $8,631.70 this Thursday. So far this Friday, BTC/USD has fallen further to $8,601.15. The daily confluence detector shows us that there is a healthy support level at $8,530, which is holding the price up above the $8,500 level. On the upside, strong resistance lies at $8,890. BTC/USD daily confluence detector $8,890 resistance level has the one-week Fibonacci 23.6% retracement level and the one-day Pivot… 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.
