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  • Bitcoin price spikes over 2.5% to the upside in the latter stages of Wednesday, jumping from the session low.
  • BTC/USD received decent buying a strong daily support area, around $6200.
  • The low produced on 29th October, proven to be of some firm comfort for BTC/USD today.

 

BTC/USD 60-minute chart  


 

Spot rate:                   6328.3

Relative change:       +0.91%

High:                          6357.2

Low:                           6202.8

 

Trend:                        Neutral

 

Support 1:                  6247.1,daily pivot point support & 29 October low.

Support  2:                  6223.3. daily pivot point support.

Support  3:                  6152.9, 15 October low.  

Resistance 1:             6312.7,daily pivot point resistance.

Resistance 2:             6328.7, 50MA. (60-minute).

Resistance 3:             6336.55, daily pivot point resistance.