- Bitcoin price has seen some relief on Tuesday, holding gains of over 2% through the mid-point of the session.
- BTC/USD managed to receive a boost within the strong touted demand area, tracking from $6800-6900.
- Next big barrier in the way for the bulls is seen at $7155, 6th August high.
BTC/USD 60-minute chart
Spot rate: 7107.0
Relative change: +2.40%
High: 7121.9
Low: 6907.4
Trend: Bullish
Resistance 1: 7115.8, 100MA.
Resistance 2: 7155.5, 6th August high.
Resistance 3: 7500.0, (resistance on 60-minute chart).
Support 1: 7005.1, 50MA.
Support 2: 6900-6800.0, strong demand zone.
Support 3: 6670.0, 17th July consolidation area.
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