Bitcoin faces resistance at $8,230, according to the daily confluence detector. The daily confluence detector shows us that there is a prominent support level on the downside at $8,125 BTC/USD has slightly gone down from $8,183 to $8,178 so far today. The bears managed to edge out the bulls this Tuesday as the price fell from $8,210.70 to $8,183. The daily confluence detector shows us that BTC/USD needs to break past resistance at $8,230 to fuel upward momentum. If the bulls can overcome that resistance, then they can go up to $8,475 before facing another resistance level of note. On the downside, there is a support level at $8,125, which is holding the price up. BTC/USD daily confluence detector $8,230 has the 100-day Simple Moving Average (SMA 100) curve, 15-min previous high, one-hour previous high, four-high previous high, 15-min Bollinger Band upper curve and one-week Fibonacci 61.8% retracement level. $8,125 has the SMA 5, SMA 50, SMA 200, four-hour previous low and one-day previous low. 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 AUD/JPY: Steady awaiting risk sentiment to kick-off one way or the other FX Street 3 years Bitcoin faces resistance at $8,230, according to the daily confluence detector. The daily confluence detector shows us that there is a prominent support level on the downside at $8,125 BTC/USD has slightly gone down from $8,183 to $8,178 so far today. The bears managed to edge out the bulls this Tuesday as the price fell from $8,210.70 to $8,183. The daily confluence detector shows us that BTC/USD needs to break past resistance at $8,230 to fuel upward momentum. If the bulls can overcome that resistance, then they can go up to $8,475 before facing another resistance level of note. On… 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.
