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  • Bitcoin price late on Tuesday was trading up with very minor gains of some 0.30%.
  • BTC/USD required support once again from a vital ascending trend line of support.  
  • Interest for the bulls will be for another attempt at breaking down the supply heading into the $4000 price territory.  


Spot rate:                  3865.40

Relative change:       +0.33%

High:                         3875.89

Low:                          3796.56

       Daily SMA20:  3849.53
       Daily SMA50:  3656.32
       Daily SMA100:  3693.77
       Daily SMA200:  4986.36
       Previous Daily High:  3911.86
       Previous Daily Low:  3816.51
       Previous Weekly High:  3910.39
       Previous Weekly Low:  3672.34
       Previous Monthly High:  4187.25
       Previous Monthly Low:  3338.98
       Daily Fibonacci 38.2%:  3852.93
       Daily Fibonacci 61.8%:  3875.43
       Daily Pivot Point S1:  3806.95
       Daily Pivot Point S2:  3764.06
       Daily Pivot Point S3:  3711.61
       Daily Pivot Point R1:  3902.3
       Daily Pivot Point R2:  3954.75
       Daily Pivot Point R3:  3997.64

   BTC/USD 60-minute chart

  • Price looking to extend north out from a bullish flag formation via the 60-minute chart view.  

BTC/USD daily chart

  • Bulls are attempting to breakdown chunky near-term supply heading into the $60 price territory.