- Bitcoin price is trading marginally in positive territory on Friday, up just some 0.10%.
- BTC/USD price action is moving within consolidation mode, subject to another breakout to the downside.
BTC/USD 15-minute chart
- Price action is moving within consolidation mode, subject to further potential downside pressure.
Spot rate: 3630.1
Relative change: +0.15%
High: 3670.9
Low: 3589.2
Trend: Bearish
Support 1: 3446.3, daily pivot point support.
Support 2: 3266.7, daily pivot point support.
Support 3: 2972.8, daily pivot point support.
Resistance 1: 3919.9, daily pivot point resistance.
Resistance 2: 4213.8, daily pivot point resistance.
Resistance 3: 4393.4, daily pivot point resistance.
BTC/USD 60-minute chart
- The mentioned range for BTC/USD; high observed at $3660, the low at $3550.
BTC/USD daily chart
- Downside pressure caught be daily support level at $3570, after a breach of ascending trend line.
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