BTC/USD shows a lack of resistance levels on its path back to the $9,000 zone. $8,480 has the strongest support level. BTC/USD buyers had a huge victory this Friday as the price shot up from $7,437.40 to $8,638.80, going up by 16.25%. In the process, BTC/USD reached its highest price in over two weeks. The hourly breakdown shows us that the price has been trending in a narrow range between $7,376 to $7,514.25 before the bulls suddenly took control. BTC/USD spiked from $7,464 to $8,642.70, where it met intraday resistance. If BTC/USD can break past this level, then it may re-enter the $9,000 zone. BTC/USD daily confluence detector The confluence detector shows a lack of resistance levels on the upside. On the downside, there is one support level of note at $8,480, which has the previous week high, 15-min Bollinger Band lower curve, one-month Fibonacci 23.6% retracement level and the four-hour Bollinger band upper curve. 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 Eos technical analysis: EOS/USD bulls must overcome resistance at SMA 50 curve to continue upward momentum FX Street 3 years BTC/USD shows a lack of resistance levels on its path back to the $9,000 zone. $8,480 has the strongest support level. BTC/USD buyers had a huge victory this Friday as the price shot up from $7,437.40 to $8,638.80, going up by 16.25%. In the process, BTC/USD reached its highest price in over two weeks. The hourly breakdown shows us that the price has been trending in a narrow range between $7,376 to $7,514.25 before the bulls suddenly took control. BTC/USD spiked from $7,464 to $8,642.70, where it met intraday resistance. If BTC/USD can break past this level, then it may… 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.
