- Bitcoin price is seen broadly flat on Wednesday, however testing a vital near-term supporting area.
- BTC/USD is flirting with; a short-term ascending trend line, 50% Fibonacci and a demand zone ($6025-80) seen on the 15-minute chart.
BTC/USD 15-minute chart
Spot rate: 6082.0
Relative change: +0.14%
High: 6134.0
Low: 6026.0
Trend: Neutral
Support 1: 6080.0, 50% Fibonacci and ascending trend line.
Support 2: 6026.0, today’s (Wednesday) low.
Support 3: 5928.30, (support on 15-minute chart).
Resistance 1: 6123.9, 100MA.
Resistance 2: 6140.2, 38.2% Fibonacci.
Resistance 3: 6219.4, (resistance on 15-minute chart)>
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