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  • Bitcoin price sees minor jump through the mid-point of Tuesday, pushing into positive territory, with gains of 1%.
  • BTC/USD stuck within the range of the channel, yet to be any clear signs of an imminent breakout.  
  • Market bears have been consistently selling any rallies seen for Bitcoin.

BTC/USD 60-minute chart  

Spot rate:                    6325.3

Relative change:        +1.15%

High:                           6362.3

Low:                            6228.1

Trend:                         Bullish

Resistance 1:              6383.0, 50MA (60-minute).

Resistance 2:             6443.8,  100MA (60-minute).

Resistance 3:             6525.0, entrance to supply zone.

Support 1:                   6240.0, support on 60-minute  chart.

Support    2:                  6200.5,  demand area.

Support    3:                  6118.8, 8th September low.

 

Expert score

5

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