- Bitcoin price had jumps around 10% in the session on Monday, with large spike in volume seen.
- BTC/USD bulls manage to recover the losses encountered on 11th October.
BTC/USD 4-hour chart
Chart to follow.
Spot rate: 6667.27
Relative change: +5.66%
High: 6948.50
Low: 6258.68
Trend: Bullish
Resistance 1: 6500-6600.0, supply zone.
Resistance 2: 7000.0, resistance on 4-hour chart.
Resistance 3: 7413.0, 5th September high, prior to fall.
Support 1: 6215.5, demand area.
Support 2: 6100.0, support on 4-hour chart.
Support 3: 5800-6000.0, bottom area of 2018, big buying zone.
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