Bitcoin was seen down marginally just shy of 1% on Monday, supported by a decent demand zone. BTC/USD is within consolidation mode, after the chunky rally late on Friday. A bullish flag pattern has formed with the recent price behavior, a jump higher looks imminent. BTC/USD 60-minute chart Spot rate: 8145.0 Relative change: -0.93% High: 8301.7 Low: 8065.1 Trend: Neutral/Bearish Support 1: 8144.0, 100MA. Support 2: 8127.6, lower part of bull flag. Support 3: 8120-8080, demand zone. Resistance 1: 8188.7, 50MA. Resistance 2: 8264.0, upper part of bull flag. Resistance 3: 8300.0, heavy supply area, as seen from 26th July to date. 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 Technical Analysis: Retesting the support line. Potential test of 200-day SMA at 131.81 FX Street 5 years Bitcoin was seen down marginally just shy of 1% on Monday, supported by a decent demand zone. BTC/USD is within consolidation mode, after the chunky rally late on Friday. A bullish flag pattern has formed with the recent price behavior, a jump higher looks imminent. BTC/USD 60-minute chart Spot rate: 8145.0 Relative change: -0.93% High: 8301.7 Low: 8065.1… 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.
