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  • Bitcoin  price is trading in minor positive territory on Tuesday, as the bulls look  to regain some upside momentum.
  • BTC/USD is still very much reliant on the underlying ascending trend line, which has been running since February.  

BTC/USD 15-minute chart

  • BTC/USD 15-minute chart view, price action is retesting a near-term top area see in early hours of Tuesday.  

Spot rate:                  3980.05

Relative change:       +0.22%

High:                         3984.64

Low:                          3950.36

BTC/USD 60-minute chart

  • Price action is moving within an ascending channel formation, subject to a potential breakout to the downside.

BTC/USD daily chart

  • Long-running  ascending trend line still playing a huge part in the bulls push for recovery.