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  • Bitcoin price seen down over 2% on Tuesday, as the market continues to cool after the break higher last week.  
  • BTC/USD under pressure, but catches a bid of support within a touted near-term demand area, within $6300-50 region.
  • There could be one final piece to the puzzle, another shot lower to retest $6000 to the downside, before committed return of the bulls.  

BTC/USD 60-minute chart  

Spot rate:                    6435.9

Relative change:        -2.27%

High:                           6858.1

Low:                            6369.4

Trend:                         Bearish.

Support 1:                    6375.0-6300, demand area.

Support 2:                      6245.0, support on 60-minute chart.

Support 3:                   6150.0, key demand area ahead of vital $6000 level.

Resistance 1:                  6450.0,  resistance on 60-minute chart.

Resistance 2:                  6500.0, heavy supply area.

Resistance 3:                  6570.0,  resistance on 60-minute chart.