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  • Bitcoin price was seen floating in and out of losses of Monday, down just a minor 0.25%.  
  • BTC/USD received some firm support, on an ascending trend line, that has been running since 25th September.  
  • There are still a number of troublesome barriers in the way of the $7000 mark.  

 

BTC/USD 60-minute chart  


 

Spot rate:                   6607.2

Relative change:       -0.23%

High:                          6660.0

Low:                           6555.0

 

Trend:                         Neutral  

 

Support 1:                  6570.0, ascending trend line.

Support 2:                  6450.5, demand zone.

Support 3:                  6335.0, 25th September low.  

Resistance  1:             6660.0, supply area.  

Resistance  2:             6700-800, very choppy region of resistance.  

Resistance  3:             6828.0, top area 22 & 28th September.