- Bitcoin price was seen holding gains of almost 2% on Tuesday, as upside pressure gradually continues.
- BTC/USD sees a chunky spike higher with volume pick up into the second half of the session
- Price is still moving within a ascending channel pattern, let to be breached.
BTC/USD 60-minute chart
Spot rate: 7043.7
Relative change: +1.95%
High: 7126.1
Low: 6872.0
Trend: Bullish
Resistance 1: 7126.1, today’s (Tuesday) high & upper part of channel.
Resistance 2: 7226.9, big former support seen end of July.
Resistance 3: 7488.6, 17th July high.
Support 1: 7005.0, support on 60-minute chart.
Support 2: 6889.1, demand zone/former resistance.
Support 3: 6607.1, lower part of channel.
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