Bitcoin Technical Analysis: BTC/USD bears manage to force the price below of a near-term supporting trend line, how deep of a pullback is the question now

• Bitcoin was seen holding modest gains on Thursday, some 0.5% currently in the first half of the session.  
• BTC/USD price has been forced by the market bears to dip below an ascending trend line, that had been supporting the recent upside price action.  

BTC/USD 15-minute chart

 

Spot rate:                  8228.5

Relative change:        +0.55%

High:                          8323.1

Low:                           8172.5

Trend:                         Neutral

Support 1:                 8215.0, 100MA.

Support 2:                  8172.5, today’s (Thursday) low & support on 15-minute chart.

Support 3:                  8120.0, demand zone entrance.

Resistance 1:             8275.5, below the broken ascending trend line.  

Resistance 2:             8305.0, (resistance on 15-minute chart).

Resistance 3:             8323.1 today’s (Thursday) high.