- Bitcoin price holding minor gains of some 0.30% through the mid-point of trading on Friday.
- BTC/USD price action is moving within a triangular pattern set up, subject to an extended breakout.
- Bitcoin bulls didn’t celebrate the best birthday, as it runs towards first Y/Y loss.
BTC/USD daily chart
Spot rate: 6356.1
Relative change: +0.28%
High: 6361.5
Low: 6291.8
Trend: Neutral
Resistance 1: 6381.5, 100MA & upper part of pennant.
Resistance 2: 6441.9, Daily Pivot Point resistance.
Resistance 3: 6470.5, supply zone.
Support 1: 6350.5, 50MA (60-minute).
Support 2: 6275.6, 29 lower supporting trend line of triangular pattern.
Support 3: 6233.0, Daily Pivot Point Support.