BTCUSD - Weekly outlook for Bitcoin Price -April 9 2019

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Another incredible week for Bitcoin as BTC/USD touched new record high above $7500. But because of a recent bearish trend, the value gradually dropped below $7000. Whatever may be the case, traders seem to have a lot of trust on the coin as it is touching a new high every week. With more than 16.6 million coins in circulation, the market cap of BTC reached above $117 billion setting a new record. However, if a weekly candlestick closes below the $5856.00 support, we should look out for further slump in the Bitcoin BTC price. Daily Chart. he hidden bearish divergence formed across the top ten cryptocurrencies by market cap, including Bitcoin BTC, failed to set new lows as the bulls continue to reinforce their grip and setting higher troughs. In the daily chart, ETH/USD retracted from the $297 level and tested the $316 resistance level couple of times.But the resistance level could not be breached, and the pair is currently trading around $310. The oscillators are indicating a bullish trend. 100 SMA is running above 200 SMA indicating the path of least resistance to be upward. The Forex market — often referred to as foreign exchange — is a large and liquid financial market on which various leading currencies are bought and sold. Often using the latest CFD software, Forex traders can buy and sell global currencies. By predicting the future direction of a currency, a trader can buy at a price that will deliver a return at a specific time in the future. Trading on ... Trade stocks, ETFs, forex & Digital Options at IQ Option, one of the fastest growing online trading platforms. Sign up today and be a part of 17 million user base at IQ Option. Bitcoin - US Dollar Chart (BTC/USD) Conversion rate for Bitcoin to USD for today is $10,629.73. It has a current circulating supply of 18.5 Million coins and a total volume exchanged of $17,005,714,417 Bitcoin Price (BTC USD): Get all information on the Bitcoin to US-Dollar Exchange Rate including Charts, News and Realtime Price. The Crypto Daily – Movers and Shakers – September 27th, 2020 ... Forex market is open 24 hours from Monday to Friday. When the Euro goes up and the dollar goes down, the trader would want to buy the pair, selling it later at a higher price and thus making profit. Should the opposite hold true (the US dollar is getting stronger against the EURO), it may be wise to consider selling the currency pair. However, a sudden change in the trend direction can ...

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