Stay 
Trading Conditions
Products
Tools
Bitcoin has been quite bearish recently after having good amount bullish rejection off the $7,880 resistance area. Due to sudden cancellation of high impact event which was supposed to be held next week Bitcoin market had observed a sudden crash. The fork was done with the objective of increasing the capacity of the Bitcoin network which had some positive vibes to it and made the market gain good momentum but due to lack of agreement between the developers it was cancelled. The price was impulsively bullish yesterday progressing towards $7,880 level before it crashed towards the current market price area of $7,100. Currently the price is residing above the Kumo Cloud support area but below the dynamic levels of 20 EMA, Tenkan, and Kijun line. The Chikou Span is currently residing inside the corrective structure as well showing no significant directional bias. As the price remains above $6,900-$7,000 price area, the bullish bias is expected to continue further.
With InstaForex you can earn on cryptocurrency's movements right now. Just open a deal in your MetaTrader4.
InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.
Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of Instant Trading EU Ltd including online trading, online transfers, deposit/withdrawal of funds, etc.
If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.
Why does your IP address show your location as the USA?
Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.
We are sorry for any inconvenience caused by this message.
