CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
About Our Global Companies
Valutrades_LogoSpot
Valutrades_SYLogoSpot

Company

Valutrades Limited - a company incorporated in England with company number 07939901. View more information here.
Valutrades (Seychelles) Limited - a company incorporated in the Seychelles with company number 8423648-1.

Regulation

Regulated by the FCA (Fincancial Conduct Authority). Financial Services Register Number 586541.
Regulated by the FSA (Financial Services Authority). Regulatory Number SD028.

Max Leverage

30:1 (or up to 500:1 for Professional clients, click here to find out more about professional client status)
Up to 500:1

Country

United Kingdom
Seychelles

Negative Balance Protection

Yes
Yes

Bitcoin - Meets Stiff Resistance at Key $6500 Level

 

 
In the last few days Bitcoin (BTCUSD) has been sold off strongly again meeting stiff resistance at the current key $6500 level. For the last few weeks Bitcoin has consolidated in a narrow range under this level after falling so sharply earlier this month after reaching two month highs near $8500. The $6500 level has firmly established itself as a level of significance and the markets will be watching closely to see if it can regain lost ground and get back above this level. In the second half of July, BTCUSD enjoyed a strong surge higher moving through the key $6500 level and to the two month high.
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Bitcoin / BTCUSD - Falls Strongly to $7500 after Two Month Highs

 

 
The last few days have seen Bitcoin (BTCUSD) sold off strongly after recently reaching two month highs near $8500. This sell off has seen it return to around $7500 which is a level where BTCUSD has gravitated to a reasonable amount in the last few months. In the second half of July, BTCUSD enjoyed a strong surge higher moving through the key $6500 level and to the two month high. The $6500 level has also been a key level of late and has provided reasonable support in the last couple of months.
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BTCUSD - Attempting to Keep Head Above Water at $6500

 

 
The last few weeks have seen Bitcoin (BTCUSD) attempting to rally higher from just below the reasonably solid support level around $6500. It has stuck its head back above the $6500 level a few times however it has struggled and has eased lower again in the last few days. The gains however have been relatively minor when compared to the price action prior. For the last couple of months Bitcoin has fallen strongly losing almost 40% of its value in that short period, from the peak near $1000 in early May to its recent trading levels just below $6500.
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