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  • Bitcoin price on Thursday seen trading with modest gains of 0.8%, as price action is yet to demonstrate committed conversation in trend.  
  • BTC/USD price action is narrowing within  a triangular  pattern, a breakout appears to be imminent.  

 

 

BTC/USD 60-minute chart  


 

Spot rate:                    6512.0

Relative change:        +0.76%

High:                           6530.0

Low:                            6436.7

 

Trend:                         Bullish.

 

Resistance 1:                    6525.0,  resistance on 60-minute chart.

Resistance 2:                  6561.5, upper part of triangular pattern.

Resistance 3:                  6654.2, supply zone.

Support 1:                   6452.3, 50MA (60-minute).

Support 2:                     6405.0, lower  part of triangular pattern.

Support 3:                   6370.0, demand zone. ,