Bitcoin price analysis: BTC/USD at risk of another drop The Bitcoin price on Thursday is trading in negative territory, nursing a loss of some 0.20%. Downside momentum has taken a break after the heavy selling encountered in the session on Wednesday. BTC/USD price action has formed a bearish pennant structure, which is subject to a breakout and further potential downside pressure. Ethereum technical analysis: ETH/USD critical support gives way Ethereum price is trading in the red, down 0.25% the session on Thursday. ETH/USD door is left wide open for bears to further capitalize, following critical flag breach. The next major support is eyed at $155, failure to hold could subject ETH to another wave of selling pressure. Litecoin technical analysis: LTC/USD big bearish flag retest eyed Litecoin price is trading in the green, with gains of 1.00% the session on Thursday. LTC/USD daily price action is subject to a big restest of a breached bearish flag structure. Chunky daily resistance can be observed at $52.50, where the lower trend line of the flag is tracking. 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 technical analysis: Aussie rolling into the Asian session below 0.6835 level FX Street 3 years Bitcoin price analysis: BTC/USD at risk of another drop The Bitcoin price on Thursday is trading in negative territory, nursing a loss of some 0.20%. Downside momentum has taken a break after the heavy selling encountered in the session on Wednesday. BTC/USD price action has formed a bearish pennant structure, which is subject to a breakout and further potential downside pressure. Ethereum technical analysis: ETH/USD critical support gives way Ethereum price is trading in the red, down 0.25% the session on Thursday. ETH/USD door is left wide open for bears to further capitalize, following critical flag breach. The next… 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.
