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  • Bitcoin price  stabilizes  after the chunky bull run seen in the prior session.  
  • BTC/USD does not have enough momentum at this time, to pass through supply zone, $6745-6775.
  • Rising wedge pattern can be seen on the 30-minute chart view.  

 

BTC/USD 30-minute chart

 

 

Spot rate:                                     6697.5

Relative change:          -0.47%

High:                                                   6771.0

Low:                             6666.0

Trend:                          Neutral

 

Resistance  1:             6728.0,  (resistance on 60-minute chart).

Resistance 2:              6745.0, supply zone entry.

Resistance 3:                        6775,  (resistance on 60-minute chart) & supply zone.

Support 1:                   6690.5, lower wedge support.

Support 2:                                    6640.0, demand zone.

Support 3:                   6561.2,  (support on 60-minute chart).