Bitcoin price on Monday is nursing losses of around 0.25%, as the upside momentum slows down. BTC/USD has enjoyed a decent and consistent run since the back-end of March, having gained around 80%. Bitcoin price in the second half of trading on Monday is nursing losses of around 0.25% in the session. The market BTC bulls finally lose some upside momentum, after such as strong and outperforming run higher. BTC/USD was moving within a bullish flag structure, of which was broken on 3rd May, followed by further buying pressure. The price managed to push to its highest level since 13th November 2018, briefly within the $6000 territory, before the sellers moved in. Looking via the daily confluence detector, firstly the barriers of support; $5787.90, daily pivot point support. $5720.47, daily 61.8% Fibonacci. To the upside in terms of resistance; $5855.33, daily pivot point resistance, $5877.81, daily 161.8% Fibonacci. BTC/USD daily confluence detector 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/USD rebounds to 0.70 to erase large part of early losses, will RBA go for a cut? FX Street 3 years Bitcoin price on Monday is nursing losses of around 0.25%, as the upside momentum slows down. BTC/USD has enjoyed a decent and consistent run since the back-end of March, having gained around 80%. Bitcoin price in the second half of trading on Monday is nursing losses of around 0.25% in the session. The market BTC bulls finally lose some upside momentum, after such as strong and outperforming run higher. BTC/USD was moving within a bullish flag structure, of which was broken on 3rd May, followed by further buying pressure. The price managed to push to its highest level since 13th… 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.
