- Bitcoin price is seen up with modest gains of 0.5% on Thursday, but further upside appears to be in the waiting.
- BTC/USD has formed a bullish flag formation, pending an extended move north.
BTC/USD 30-minute chart
Spot rate: 7424.0
Relative change: +0.60%
High: 7447.2
Low: 7281.4.
Trend: Neutral/Bullish.
Resistance 1: 7508.0 upper part of bull flag.
Resistance 2: 7583.6,18th July high.
Resistance 3: 7635.0, (resistance on 30-minute chart).
Support 1: 7378.5, 50MA.
Support 2: 7290.4, lower part of bull flag.
Support 3: 7278.3, 100MA.
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