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  • Bitcoin price nursing minor losses of just 1% on Thursday, after touching resistance on Wednesday around $4300-400 area.
  • BTC/USD price is well supported by an ascending trend line in the near-term.

 

BTC/USD 4-hour chart

 
 

Spot rate:                   4173.52

Relative change:       -1.20%

High:                          4253.92

Low:                           4097.41

 

Trend:                         Bullish

 

Resistance 1:              4352.29, 4-hour resistance & 29 November high.

Resistance  2:              4464.94, daily pivot point resistance.  

Resistance  3:              4707.32, daily pivot point resistance.  

Support 1:                   4135.00, near-term ascending trend line.

Support 2:                    4092.50, daily pivot point support.

Support 3:                   3876.71, 4-hour support.

 

BTC/USD 60-minute chart

  • BTC/USD ascending trend line can be seen as near-term support via the 60-minute view.