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  • Bitcoin price drops on Friday, losing the upside momentum that was behind the bulls on Wednesday and Thursday.  
  • BTC/USD sees shooting star, after rejection within big supply area of $6550-600.

 

 

BTC/USD 60-minute chart  


 

Spot rate:                   6475.5

Relative change:        -0.20%

High:                            6596.5

Low:                            6355.2

 

Trend:                         Bearish/Neutral

 

Support 1:                   6430.0,50MA.

Support    2:                  6375.5, lower part of ascending channel 100MA.

Support    3:                  6200.0, support on 60-minute chart.

Resistance 1:             6550-600,  supply zone.

Resistance 2:             6591.5, upper part of channel.

Resistance 3:             6596.5, wick on shooting star & session (Friday high).

 

Expert score

5

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