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  • Bitcoin is nursing losses just shy of 2% in the session, after receiving a beating during the Asian session.
  • BTC/USD has been allowed a small pullback from the overnight lows, catching support in the demand zone, $5900-800.

 

BTC/USD 30-minute chart

 

Spot rate:                    6124.0.

Relative change:        – 1.90%

High:                           6251.9

Low:                            5858.6

Trend:                         Bearish

 

Support 1:                        6003.4, (support on 30-minute chart).

Support 2:                         5944.0, consolidation area of today (Tuesday).

Support 3:                        5900-800, demand zone.

Resistance 1:              6181.5, 50MA.

Resistance 2:             6259.8, 100MA.

Resistance 3:             6500.0, psychological resistance & supply zone.