That clears the path for a rally to the downtrend line, where the bears are expected to step in. Bitcoin has been sandwiched between the downtrend line and the moving averages, indicating a possible range expansion in the next few days. Thus, if Bitcoin really begins to circulate, the hesitance to spend it should be lower than in a scenario like now when you’ve to constantly re-buy BTC. Traders should monitor correlations between European stock indices like the STOXX 600, which rose 0.5% to 510 points on May 12, 2025, per MarketWatch, and Bitcoin’s price action for cross-market opportunities. There are also a few things we look for across all hires we make, regardless of role or team: we look for candidates who will thrive in a culture like ours, where we default to trust, embrace feedback, and ready for changes and new challenges. VE, July 2-3 at ExCeL – ready for two packed days of networking, insights, and all things iGaming. We are looking for a JAVA Developer who is ready to be a part of a talented international software team. Moneliq is a licensed payment institution operating on an international level.
All transactions paid through Skrill and Neteller payment services are processed by BTCBIT Sp. Some brokers do not offer trading services for bitcoin nor bitcoin account funding but they have many other payment options. Bitcoin (BTC) is a consensus network that enables a new payment system and a completely digital currency. When choosing a crypto exchange, consider trading volume, available trading pairs, local payment methods, fee structure, regulatory licenses, and security measures. Powered by its users, it is a peer to peer payment network that requires no central authority to operate. ISO 4217 requires the first letter used in global commodities to be ‘X’. The first sign of strength will be a break above the 20-day exponential moving average (EMA). The upsloping moving averages signal a slight edge to the bulls, but the relative strength index (RSI) near the midpoint suggests a lack of bullish momentum. A key feature of the indicator is the trendline, which when the price crosses upwards, indicates that a long signal may be printed, and conversely, when the price crosses downwards indicates that a short signal may be printed. If buyers pierce the downtrend line, the pair may challenge the all-time high at $111,980.
The bearish setup will be invalidated if the price rebounds off the moving averages and rises above the downtrend line. After reaching about $69,000 in November 2021, Bitcoin’s price crashed in 2022. In March 2022, it was as high as $47,454, but by November, it was $15,731. It then recovered in 2023, seeing a price as high as $31,474 before dropping back below $30,000. As a CFD broker, AvaTrade lets you speculate on the price movements of various stock markets without owning the underlying assets. If the price slips and sustains below the moving averages, the BTC/USDT pair could slump to $104,500 and below that to $100,000. Buyers are expected to defend the $104,500 level with all their might because if they fail in their endeavor, the pair could sink to the psychological support at $100,000. That could propel the pair to the neckline of the inverse head-and-shoulders pattern. Such a move retains the pair inside the bearish descending triangle pattern. Every investment and trading move involves risk, and readers should conduct their own research when making a decision. This article does not contain investment advice or recommendations. Once Latvians traders have logged into your account, Latvians traders will be asked to verify your identity before Latvians traders are given the option to withdraw your funds in Latvia.
1, and then deposit funds either via fiat or by transferring another cryptocurrency. If you are unable to exchange BitCoin cryptocurrency to BitCoin cryptocurrency at your chosen exchanger, inform us so we can take the right action efficiently (discuss the issue with the owner or remove the exchange from this exchange direction). This guide provides essential steps for beginning cryptocurrency trading through BTCBIT, a regulated European exchange platform that processes over 100,000 transactions monthly and maintains a 99.9% uptime record. These scammers defrauded hundreds of victims in Austria, Poland, Germany, and several other Eastern European companies. Impressive, thanks to your dedication and teamwork, Latvia is being noticed on the European and global fintech and Web3 stages! We are FinTech and we are flexible. There are several requirements needed to open an exchange account. Security at BTCBIT is built upon industry-standard protocols, with two-factor authentication (2FA) serving as the cornerstone of account protection. When you register on Wirex and complete you KYC you get access to a crypto linked bank account. TransCoin allows users’ registrations from 255 countries; and we are glad to say that the people from Latvia are welcome You are permitted to register at the BTCBIT being a resident of any of 221 countries; Latvia is granted with an access among all others (BTCBIT green-lights some less countries).