BTC/USD is consolidating after the fall on Wednesday of around USD 600. There is a bullish RSI divergence that has formed on the daily chart. BTC/USD does not have a bullish trend as the market is still making lower lows and lower highs. There could be a glimmer of hope because at the support level the RSI indicator has made a bullish divergence. Also, there is trendline support which has been used four times in the past. The bearishness is relentless at the moment with some major analysts calling for a drop to USD 6,500. There has been some good news from ICE as Bakkt announced a options contract will launch in December this year. 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/JPY: FOMC and BoJ in focus – MUFG FX Street 3 years BTC/USD is consolidating after the fall on Wednesday of around USD 600. There is a bullish RSI divergence that has formed on the daily chart. BTC/USD does not have a bullish trend as the market is still making lower lows and lower highs. There could be a glimmer of hope because at the support level the RSI indicator has made a bullish divergence. Also, there is trendline support which has been used four times in the past. The bearishness is relentless at the moment with some major analysts calling for a drop to USD 6,500. There has been some… 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.
