Permanecer 
Condiciones de negociación
Products
Herramientas
Bitcoin dropped after reaching the 24,280 level in yesterday's trading session. In the short term, it has retreated and it has retested the immediate downside obstacles, trying to accumulate more bullish energy. It was traded at 23,071 at the time of writing above 22,340 today's low'
BTC/USD dropped by 7.99% from yesterday's high to today's low. The sell-off forced the altcoin to drop as well. In the last 24 hours, BTC/USD is down by 2.29% but it's still up by 14.35% in the last 7 days.
I've told you in my previous analysis that BTC/USD could come back down in the short term if it invalidates its breakout above the channel's upside line. Now, it has found support on the 22,401 level and it tries to come back higher.
It challenges the weekly R2 (23,216) which stands as a static resistance. As long as it stays above 22,401, BTC/USD could try to approach 24,280 yesterday's high again.
A larger upside movement could be activated only by a new higher high, after making a valid breakout above the 24,280.
Dropping and stabilizing below 22,401 could signal more declines in the short term.
¡Los informes analíticos de InstaForex lo mantendrá bien informado de las tendencias del mercado! Al ser un cliente de InstaForex, se le proporciona una gran cantidad de servicios gratuitos para una operación eficiente.
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.
