Bitcoin price is trading in the negative territory, down some 0.30% in the second half of the session. BTC/USD has extended to the downside from a bearish flag structure, vulnerable to greater moves south. The big psychological $7000 price mark is in the sights of the market bears. BTC/USD daily chart The next major barrier of support is eyed as mentioned at $7000, should this be breached, then $5000 will come back into the picture. BTC/USD 60-minute chart Price action is consolidating having formed a bearish pennant structure, subject to a breakout. Spot rate: 7,452.69 Relative change: -0.30% High: 7,497.58 Low: 7,358.97 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 Bitcoin price prediction: BTC/USD bulls lick wounds marginally above $7,400 – Confluence Detector FX Street 3 years Bitcoin price is trading in the negative territory, down some 0.30% in the second half of the session. BTC/USD has extended to the downside from a bearish flag structure, vulnerable to greater moves south. The big psychological $7000 price mark is in the sights of the market bears. BTC/USD daily chart The next major barrier of support is eyed as mentioned at $7000, should this be breached, then $5000 will come back into the picture. BTC/USD 60-minute chart Price action is consolidating having formed a bearish pennant structure, subject to a breakout. Spot… 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.
