BTC/USD Daily Chart BTC/USD went down from $5,140 to $5,128 as markets opened this Friday. This Thursday’s session took the price below the 20-day simple moving average (SMA 20) curve. The market is still trending above the SMA 200 and SMA 50 curves. The signal line is diverging away from the MACD line signaling increasing bearish momentum. Immediate resistance and support lie at $5,140 and $5,045 respectively. BTC/USD 4-Hour Chart The 4-hour BTC/USD price is trending inside the green cloud of the Ichimoku indicator. The Elliot Wave indicates that market sentiment is currently heavily bearish. BTC/USD Hourly Chart The relative strength index (RSI) indicator has now moved into the oversold territory. The latest sessions are all trending below the 20-day Bollinger band. The widening of the Bollinger band indicates increasing market volatility. 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 keeps gains despite below-forecast Aussie Q1 PPI FX Street 4 years BTC/USD Daily Chart BTC/USD went down from $5,140 to $5,128 as markets opened this Friday. This Thursday's session took the price below the 20-day simple moving average (SMA 20) curve. The market is still trending above the SMA 200 and SMA 50 curves. The signal line is diverging away from the MACD line signaling increasing bearish momentum. Immediate resistance and support lie at $5,140 and $5,045 respectively. BTC/USD 4-Hour Chart The 4-hour BTC/USD price is trending inside the green cloud of the Ichimoku indicator. The Elliot Wave indicates that market sentiment is currently heavily bearish. BTC/USD Hourly Chart The relative… 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.
