- Bitcoin price nursing losses of around 2% in the second half of the session on Monday.
- BTC/USD is moving within a narrowing range block formation, subject to a potential breakout to the downside.
Spot rate: 3716.60
Relative change: -2.01%
High: 3804.72
Low: 3672.33
Trend: Bearish
Trends:
Daily SMA20: 3759.18
Daily SMA50: 3619.45
Daily SMA100: 3722.48
Daily SMA200: 5085.35
Levels:
Previous Daily High: 3818.37
Previous Daily Low: 3764.23
Previous Weekly High: 4187.25
Previous Weekly Low: 3659.1
Previous Monthly High: 4187.25
Previous Monthly Low: 3338.98
Daily Fibonacci 38.2%: 3784.91
Daily Fibonacci 61.8%: 3797.69
Daily Pivot Point S1: 3761.72
Daily Pivot Point S2: 3735.9
Daily Pivot Point S3: 3707.58
Daily Pivot Point R1: 3815.86
Daily Pivot Point R2: 3844.18
Daily Pivot Point R3: 3870
BTC/USD 60-minute chart
- Big near-term buying area observed between $3650-3700 price range.
BTC/USD daily chart
- Price action moving within a narrowing daily range block formation, subject to a potential breakout to the downside.