Monfex_UK

BITCOIN

Long
Monfex_UK Updated   
BITSTAMP:BTCUSD   Bitcoin
Hello, Traders!
Monfex is at your service and today we overview Bitcoin.

Bakkt cryptocurrency platform set its latest record - the trading volume of BTC futures on the site exceeded the value of $15million. Experts associated this event with increasing interest of institutional investors in the accumulation of cryptocurrency.

BTC/USD has a strong bullish divergence bt RSI in short-term.
$9000 - the psychological resistance level. And we target this level.

  • The resistance zone ~ $9000-9100
  • The support zone ~ $8665-8500

    Supposed Trade Signal by BTC/USD
  • Buy near $8600-8500
  • Take profit ~ $9000
  • Stop loss at $8435

  • Market Cap
    $157 087 397 673 USD
  • Volume (24h)
    $22 119 258 980 USD/b]
  • Circulating Supply
    18 041 025 BTC

Share your thoughts, ideas about the market under the chart.

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GOOD LUCK AND LOTS OF PROFITS !!

Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
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