BTC/USD bulls and bears canceled each other out and ended Thursday around $8,588. One healthy support level lies at $8,495, as per the daily confluence detector. BTC/USD has gone down from $8,589 to $8,560 so far today. The bulls and bears canceled each other out this Thursday as the price trended horizontally and ended around $8,588. The hourly BTC/USD chart shows us intraday resistance lies at $8,624.25, while the support is at $8,491.45. While the buyers and sellers have are effectively in a standstill, the daily confluence detector shows us that if the $8,600 resistance level is overcome, the price may spike up into the $9,000 zone. BTC/USD daily confluence detector The $8,600 resistance level has the one-day Bollinger Band middle curve, 15-min Previous High, one-hour Previous High, four-hour Previous High and 15-min Bollinger Band upper curve. On the downside, the strongest support level is at $8,495. It has the one-month Fibonacci 23.6% retracement level and one-day Fibonacci 38.2% 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 Forex News Today: Daily Trading News share Read Next OPEC chief hints at deeper oil production cuts in December FX Street 4 years BTC/USD bulls and bears canceled each other out and ended Thursday around $8,588. One healthy support level lies at $8,495, as per the daily confluence detector. BTC/USD has gone down from $8,589 to $8,560 so far today. The bulls and bears canceled each other out this Thursday as the price trended horizontally and ended around $8,588. The hourly BTC/USD chart shows us intraday resistance lies at $8,624.25, while the support is at $8,491.45. While the buyers and sellers have are effectively in a standstill, the daily confluence detector shows us that if the $8,600 resistance level is overcome, the price… 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.
