BTC/USD is trading at $11,800 after a notable breakout on August 5. Trading volume seems to be declining but the number of Bitcoin inside exchanges also has declined. According to recent reports, the number of Bitcoin inside exchanges has dropped significantly over the past week. This indicates that investors are bullish on BTC and are willing to hold the digital asset instead of selling it. BTC/USD daily chart Bitcoin dropped to a low of $11,578 before recovering and peaking at $11,888. The $12,000 psychological resistance level is still the most relevant point in the short-term, followed by the 2020-high at $12,112. 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/CAD Price Analysis: The pair may have moved higher today but the downtrend is still intact FX Street 2 years BTC/USD is trading at $11,800 after a notable breakout on August 5. Trading volume seems to be declining but the number of Bitcoin inside exchanges also has declined. According to recent reports, the number of Bitcoin inside exchanges has dropped significantly over the past week. This indicates that investors are bullish on BTC and are willing to hold the digital asset instead of selling it. BTC/USD daily chart Bitcoin dropped to a low of $11,578 before recovering and peaking at $11,888. The $12,000 psychological resistance level is still the most relevant point in the short-term, followed by the 2020-high at… 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.
