Bitcoin Technical Analysis: BTC/USD players screaming wake up, as price action moved into the world of mundane

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  • Bitcoin price seen holding very modest gains of some 0.40% in the latter part of Thursday.
  • BTC/USD price action has narrowed and showing a lack of movement, after the excessive burst lower and higher late Wednesday.  

 

 

BTC/USD 60-minute chart 


 

Spot rate:                   6418.1

Relative change:       +0.52%

High:                          6460.1

Low:                           6371.3

 

Trend:                        Neutral/Bullish

 

Support 1:                 6369.5,Support & 100MA. (60-minute).

Support 2:                 6355.0, 50MA (60-minute). 

Support 3:                   6205.0, demand zone. 

Resistance 1:            6446.5, top area of session (Thursday). 

Resistance 2:            6500.0, supply zone. 

Resistance 3:            6581.5, 14th September high & upper part of key supply zone.

 

 

 

 

 

 

 

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