BTC/USD drops below $6400 to retrace all of its gains from the previous week as negative sentiment allows sellers to continue to dominate the market. Daily RSI fails to stay above 50 suggesting that the bearish momentum is gathering strength. 2018 low that was set in late June at $5750 aligns as the next critical target in the short-term. BTC/USD daily chart Spot rate: 6381.1 Relative change: -4.3% High: 6685.8 Low: 6324.8 Trend: Bearish Support 1: 6270 (Jun. 14 low/horizontal level). Support 2: 5750 (2018 low/Jun. 24 low). Support 3: 5500 (Oct. 24, 2017, low). Resistance 1: 6800/6850 (daily high/20-DMA). Resistance 2: 7000 (psychological level). Resistance 3: 7750 (Jun. 7 high/horizontal level). 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 GBP/USD steady above 1.3250 with upside bias FX Street 3 years BTC/USD drops below $6400 to retrace all of its gains from the previous week as negative sentiment allows sellers to continue to dominate the market. Daily RSI fails to stay above 50 suggesting that the bearish momentum is gathering strength. 2018 low that was set in late June at $5750 aligns as the next critical target in the short-term. BTC/USD daily chart Spot rate: 6381.1 Relative change: -4.3% High: 6685.8 Low: … 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.
