- Bitcoin price on Friday trading marginally in positive territory of some 0.70% in the second half of the session.
- BTC/USD despite minor gains today, price is moving within another range-block formation, subject to further potential downside.
BTC/USD 15-minute chart
- BTC/USD heading south to retest of key very near-term ascending trend line.
Spot rate: 3432.22
Relative change: +0.70%
High: 3442.19
Low: 3374.67
Trend: Bearish
Support 1: 3381.17, daily pivot point support.
Support 2: 3350.73, daily pivot point support.
Support 3: 3305.25, daily pivot point support.
Resistance 1: 3457.09, daily pivot point resistance.
Resistance 2: 3502.57, daily pivot point resistance.
Resistance 3: 3533.01, daily pivot point resistance.
BTC/USD 60-minute chart
- Price moving within consolidation mode, upside very much limited.
BTC/USD daily chart
- Price action is moving within another range-block formation, subject to downside risks.
Share
