BTC/USD Daily Chart BTC/USD breached the $6,000 level for the first time since 14th November 2018. The price went up from $5,940 to $6,050. The market is trending above the SMA 200, SMA 50, and SMA 20 curves. On the upside, further resistance levels lie between $6,250 and $6,500. The relative strength index (RSI) curve has crept into the overbought zone. BTC/USD 4-Hour Chart The 4-hour market has breached past the upper curve of the 20-day Bollinger band. The widening of the mouth of the band shows increased volatility. The 4-hour market is trending above SMA 200, SMA 50, and SMA 20 as well. The signal line is diverging away from the MACD line indicating increasing bullish momentum. BTC/USD Hourly Chart The Elliot Wave Oscillator has had 17 straight bullish sessions. 22 out of the last 23 sessions in the Elliot wave were bullish. The Ichimoku indicator is currently showing bullish sentiment but shows that a bearish correction may be happening soon. Key Levels 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 USD/JPY technical analysis: Approaching support at 109.70 with lower highs on 1H chart FX Street 3 years BTC/USD Daily Chart BTC/USD breached the $6,000 level for the first time since 14th November 2018. The price went up from $5,940 to $6,050. The market is trending above the SMA 200, SMA 50, and SMA 20 curves. On the upside, further resistance levels lie between $6,250 and $6,500. The relative strength index (RSI) curve has crept into the overbought zone. BTC/USD 4-Hour Chart The 4-hour market has breached past the upper curve of the 20-day Bollinger band. The widening of the mouth of the band shows increased volatility. The 4-hour market is trending above SMA 200, SMA 50, and… Top 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.
