Search ForexCrunch
  • Bitcoin price seen holding strong gains of over 3% in the latter stages o trading on Friday.
  • BTC/USD bulls have the room to run wild, clear path to $7000 and beyond.

 

BTC/USD daily chart  


 
Spot rate:                    6735.1

Relative change:        +3.71%

High:                           6790.5

Low:                            6473.8

 

Trend:                         Bullish.

 

Resistance 1:                6782.0, resistance on daily chart.

Resistance 2:                7373.5, 4 September high.

Resistance 3:                7740.0, supply zone.

Support 1:                   6163.0, supporting ascending trend line.

Support 2:                     5901.0, 14th August low.

Support 3:                   5800.5, demand zone.