Bitcoin price nursing losses of around 2% in the second half of the session on Monday. BTC/USD is moving within a narrowing range block formation, subject to a potential breakout to the downside. Spot rate: 3716.60 Relative change: -2.01% High: 3804.72 Low: 3672.33 Trend: Bearish Trends: Daily SMA20: 3759.18 Daily SMA50: 3619.45 Daily SMA100: 3722.48 Daily SMA200: 5085.35 Levels: Previous Daily High: 3818.37 Previous Daily Low: 3764.23 Previous Weekly High: 4187.25 Previous Weekly Low: 3659.1 Previous Monthly High: 4187.25 Previous Monthly Low: 3338.98 Daily Fibonacci 38.2%: 3784.91 Daily Fibonacci 61.8%: 3797.69 Daily Pivot Point S1: 3761.72 Daily Pivot Point S2: 3735.9 Daily Pivot Point S3: 3707.58 Daily Pivot Point R1: 3815.86 Daily Pivot Point R2: 3844.18 Daily Pivot Point R3: 3870 BTC/USD 60-minute chart Big near-term buying area observed between $3650-3700 price range. BTC/USD daily chart Price action moving within a narrowing daily range block formation, subject to a potential breakout to the downside. 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 AUD/USD stays below 0.7100 ahead of RBA announcements FX Street 4 years Bitcoin price nursing losses of around 2% in the second half of the session on Monday. BTC/USD is moving within a narrowing range block formation, subject to a potential breakout to the downside. Spot rate: 3716.60 Relative change: -2.01% High: 3804.72 Low: 3672.33 Trend: Bearish Trends: … 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.