- Bitcoin price trading within minor losses of just some 0.15% on Wednesday.
- BTC/USD price has been swinging in and out of gains and losses, lack of commitment continues.
- Price action is moving within a descending wedge pattern, heavily restricted for now.
BTC/USD 60-minute chart
Spot rate: 6445.1
Relative change: -0.60%
High: 6545.1
Low: 6424.6
Trend: Bearish/Neutral
Support 1: 6400.0, support on 60-minute chart.
Support 2: 6365.5, demand area.
Support 3: 6328.0, 25th September low.
Resistance 1: 6450-70, previous action demand zone.
Resistance 2: 6505.0, descending trend line.
Resistance 3: 6520.0, resistance on 60-minute & 50MA.
Share
