Search ForexCrunch
  • Bitcoin holding modest gains on Tuesday, with the recent bid tone seen across the crypto market.
  • BTC/USD is trading within a likely troublesome area for the bulls, between $6800-6900.
  • Should the bulls run out of the recent upside momentum, support not seen until back within $6500 area.

 

BTC/USD 60-minute chart

Spot rate:                                     6775.9

Relative change:               + 0.95%

High:                                                   6848.20

Low:                                                       6655.0

 

Trend:                                                 Bullish/Neutral

 

 

Resistance 1:                           6850.0, supply zone entry.

Resistance 2:                           6924.5, 12th June high.

Resistance 3:                           7000.0, (resistance on 60-minute)

Support 1:                                  6641.80, (support on 60 minute)

Support 2:                                    6570.0, 50MA.

Support 3:                                    6515.7, 100MA.