BTC/USD had a heavily bearish Thursday wherein the price dropped from $8,088.50 to $7,617.15. There are no healthy resistance levels on the upside. BTC/USD had a heavily bearish Thursday, wherein the price dropped from $8,088.50 to $7,617.15, going below $8,000 in the process. So far, BTC/USD has recovered to $7,649.50 this Friday. The daily confluence detector paints a pretty bleak picture as there are no healthy support levels above the $7,500-mark. On the plus side, there are no healthy resistance levels either, indicating that if the bulls manage to rally together, they won’t face many obstacles. BTC/USD daily confluence detector There are two healthy resistance levels at $7,490 and $7,415. $7,490 has the one-month Pivot Point support one, while $7,415 has the one-hour Bollinger Band lower curve and the one-week Pivot Point support three. 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 WTO Chief Azevedo: China a champion of multilateral system – Xinhua FX Street 3 years BTC/USD had a heavily bearish Thursday wherein the price dropped from $8,088.50 to $7,617.15. There are no healthy resistance levels on the upside. BTC/USD had a heavily bearish Thursday, wherein the price dropped from $8,088.50 to $7,617.15, going below $8,000 in the process. So far, BTC/USD has recovered to $7,649.50 this Friday. The daily confluence detector paints a pretty bleak picture as there are no healthy support levels above the $7,500-mark. On the plus side, there are no healthy resistance levels either, indicating that if the bulls manage to rally together, they won't face many obstacles. BTC/USD daily confluence detector… 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.
