Bitcoin has been stuck in a consolidation phase and trades 0.09% lower. There is a trendline on the intraday chart but 10,500 held firm. Today’s Bitcoin price action has been sideways but the dropped stalled at the key support level at 10,500. There is trendline marked on the 15-minute chart above that could be important later. On the upside, resistance is at 10,650 and 10,788-800 close to the intraday high. On the downside, the major support levels are at 10,500 as mentioned and 10,309. As Asian traders come to the market the price has started to move higher but not with too much volume (as of yet). On the daily chart below, there has been a triangle chart pattern forming. As you can see by the volume at the bottom of the chart traders are losing momentum as we get closer to a defining detection phase. 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 pulls back from 5-week high as trade optimism fades FX Street 4 years Bitcoin has been stuck in a consolidation phase and trades 0.09% lower. There is a trendline on the intraday chart but 10,500 held firm. Today's Bitcoin price action has been sideways but the dropped stalled at the key support level at 10,500. There is trendline marked on the 15-minute chart above that could be important later. On the upside, resistance is at 10,650 and 10,788-800 close to the intraday high. On the downside, the major support levels are at 10,500 as mentioned and 10,309. As Asian traders come to the market the price has started to move higher but… 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.
