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  • Bitcoin price has run riot on Tuesday, gaining as much as 6% in the early part of the session.  
  • BTC/USD extending its move to the north, following the breakout on Monday from a bull flag pattern.  
  • Next major area of interest will be seen around the $9500 territory, last traded here in May.



BTC/USD 4-hour chart


Spot rate:                    32.80.

Relative change:         -2.60%.

High:                           34.68.

Low:                            32.20.


Trend:                         Bullish.


Resistance  1:              8278.0, consolidation area 18th May.  

Resistance 2:             8360.9, (resistance on 4-hour chart), consolidation area 17th May,

Resistance 3:             8473.4, 17th & 19th May high.

Support 1:                  7751.1, 7th June high and supply area.  

Support 2:                  7544.0, on top of broken bull flag pattern.

Support 3:                  7360.4, 50MA and demand area.