Bitcoin shoots higher leading in US trade and now trades 4.32% in the black. The price is holding near the 9,600 resistance but for how long. BTC/USD Charts As you can see from the daily chart below that the price has just shot higher but we are headed to a decent resistance zone. The RSI is also in a very overbought position so beware if intraday pullbacks. The daily chart below shows a nice move in the channel formation. Even on the daily the resistance at 9,600 looks strong, while on the hourly above 9,568 needs to be taken out first. If the price closes anywhere near these levels the BTC/USD daily chart will look very bullish, so lets see how the price reacts into the close. 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 EUR/JPY Price Analysis: Euro fades 121.00 figure vs. yen FX Street 2 years Bitcoin shoots higher leading in US trade and now trades 4.32% in the black. The price is holding near the 9,600 resistance but for how long. BTC/USD Charts As you can see from the daily chart below that the price has just shot higher but we are headed to a decent resistance zone. The RSI is also in a very overbought position so beware if intraday pullbacks. The daily chart below shows a nice move in the channel formation. Even on the daily the resistance at 9,600 looks strong, while on the hourly above 9,568 needs to be taken out… 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.
