Home Bitcoin Price Prediction: BTC/USD tries to make most of miserable day by staying above $11,400 – Confluence Detector
Crypto News

Bitcoin Price Prediction: BTC/USD tries to make most of miserable day by staying above $11,400 – Confluence Detector

BTC/USD daily confluence detector

fxsoriginal

BTC/USD had a devastatingly bearish Wednesday wherein it fell from $11,923.78 to $11,415. As of now, the bulls will simply look to above the $11,400 range. On the downside, they have heathy support at $11,300. This level has the daily Pivot Point one support-two, one-week Fibonacci 23.6% and one-month Fibonacci 61.8% retracement levels. 

On the upside, we have strong resistance at $11,600. This level is highlighted by the one-day 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.