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  • Bitcoin was seen up on Wednesday, with some gains over 3%, after several down days.
  • BTC/USD upside seen, however running into resistance ahead of the $6500 area.

 

BTC/USD 60-minute chart


 

Spot rate:                    6395.3

Relative change:        +3.33%

High:                           6483.0

Low:                            6180.0

Trend:                         Bearish

 

Resistance 1:                     6483.0, today’s (Wednesday) & (resistance on 60-minute chart).  

Resistance 2:                      6550.0, supply zone.

Resistance 3:              6627.5, 9th August high.

Support 1:                    6233.3, 100MA.  

Support    2:                  79.427, demand zone.  

Support    3:                  76.074, today’s (Tuesday) low & demand zone.