- Bitcoin price trading broadly flat in the latter stages of Friday’s session.
- BTC/USD moving within a narrowing range. Danger still looms of another potential drop back down to test $6000.
BTC/USD 4-hour chart
Spot rate: 6593.8
Relative change: +0.40%
High: 6626.1
Low: 6506.6
Trend: Neutral.
Support 1: 6455.0, ascending trend line support.
Support 2: 6227.0, support on 4-hour chart.
Support 3: 5800.0, demand zone.
Resistance 1: 6682.0, descending trend line of triangle.
Resistance 2: 6835.0, resistance on 4-hour chart.
Resistance 3: 7100.0, supply area.