- Bitcoin price in the latter stages of Monday trading down some 3%.
- Price action for BTC/USD is moving within an ascending channel, subject to a potential break for an extended move south.
BTC/USD 60-minute chart
Spot rate: 3423.56
Relative change: -2.90%
High: 3428.02
Low: 3382.07
Trend: Bearish
Support 1: 3380.00, lower part of ascending channel.
Support 2: 3252.53, daily pivot point support.
Support 3: 3130.04, daily pivot point support.
Resistance 1: 3649.16, upper part of ascending channel.
Resistance 2: 3777.85, daily pivot point resistance.
Resistance 3: 3918.02, daily pivot point resistance.
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