Bitcoin price is trading marginally in the red, down some 1.00% in the second half of the session. BTC/USD bulls are making an attempt to test the upper resistance of a narrowing range-block formation. A heavy barrier of resistance can be observed at $8500, BTC has not traded above since 25 September. BTC/USD daily chart The price has managed to catch some bull momentum for the first time in four days. BTC/USD 60-minute chart Bitcoin has broken above near-term resistance at the $8000 mark and moving north of a descending trend line. Spot rate: 8,137.92 Relative change: +4.20% High: 8,242.48 Low: 8,011.02 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 EUR/JPY rises further, hits fresh highs above 117.50 FX Street 3 years Bitcoin price is trading marginally in the red, down some 1.00% in the second half of the session. BTC/USD bulls are making an attempt to test the upper resistance of a narrowing range-block formation. A heavy barrier of resistance can be observed at $8500, BTC has not traded above since 25 September. BTC/USD daily chart The price has managed to catch some bull momentum for the first time in four days. BTC/USD 60-minute chart Bitcoin has broken above near-term resistance at the $8000 mark and moving north of a descending trend line. Spot rate:… 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.
