BTC/USD has recovered from the intraday low, still under pressure. Bears may have an upper hand in the short-run. BTC/USD is moving within a tight intraday range limited bu $8,500 on the upside and $8,427 on the downside. At the time of writing, the first digital coin is changing hands at $8,465. Bitcoin recovered from Friday’s low of $8,369; however, thee upside momentum failed to gain traction. Bitcoin confluence levels Looking technically, BTC/USD is vulnerable to further losses as the way to the North is packed with strong technical levels. Let’s have a closer look at the technical levels that may serve as resistance and support areas for the coin. Resistance levels $8,560-$8,600 – SMA50 (Simple Moving Average) daily and hourly, 61.8% Fibo retracement monthly, the upper line of 1-hour Bollinger Band, 23.6% Fibo retracement weekly $8,700 – the middle line of 4-hour Bollinger Band, 23.6% Fibo retracement daily $9,000 – psychological level, SMA100 daily, the middle of the daily Bollinger Band Support levels $8,370 – the lowest level of the previous day, the lower line of 4-hour Bollinger Band $8,150 – Pivot Point 1-week Support 1 $7,900 – Pivot Point 1-week Support 2. 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 Dash developers announced the timeline of Evolution platform release FX Street 3 years BTC/USD has recovered from the intraday low, still under pressure. Bears may have an upper hand in the short-run. BTC/USD is moving within a tight intraday range limited bu $8,500 on the upside and $8,427 on the downside. At the time of writing, the first digital coin is changing hands at $8,465. Bitcoin recovered from Friday's low of $8,369; however, thee upside momentum failed to gain traction. Bitcoin confluence levels Looking technically, BTC/USD is vulnerable to further losses as the way to the North is packed with strong technical levels. Let's have a closer look at the technical levels… 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.
