BTC/USD has had a bearish start to Thursday following two straight overwhelmingly bearish days. BTC/USD is currently trading for $10,086. Bitcoin has had an overwhelmingly bearish day wherein its price dropped from $10,771 to $10,135, reaching a low of $9,856. Over the last two days, Bitcoin has canceled out the gains made by the bulls in the five days before that. The daily confluence detector shows that there is a healthy support level at $10,075, which the bulls will need to defend to prevent further drops below $10,000. BTC/USD daily confluence detector There is one prominent resistance level at $10,475. It has the 50-day simple moving average (SMA 50) curve. On the downside, there are two support levels at $10,075 and $9,975. The $10,075 level has the 15-min previous low and 1-month Fibonacci 23.6% retracement level, while the $9,975 level has the 1-week Fibonacci 23.6% retracement level and 1-hour 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 Gold technical analysis: Trapped in a symmetrical triangle FX Street 4 years BTC/USD has had a bearish start to Thursday following two straight overwhelmingly bearish days. BTC/USD is currently trading for $10,086. Bitcoin has had an overwhelmingly bearish day wherein its price dropped from $10,771 to $10,135, reaching a low of $9,856. Over the last two days, Bitcoin has canceled out the gains made by the bulls in the five days before that. The daily confluence detector shows that there is a healthy support level at $10,075, which the bulls will need to defend to prevent further drops below $10,000. BTC/USD daily confluence detector There is one prominent resistance level at $10,475.… 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.
