- Bitcoin price seen trading in positive territory within some modest gains of 0.5%.
- BTC/USD price action is still grinding higher within a rising wedge pattern.
BTC/USD 60-minute chart
Spot rate: 6736.4
Relative change: +0.40%
High: 6769.9
Low: 6652.7
Trend: Bullish
Support 1: 6615.0, (support on 4-hour chart).
Support 2: 6535.5, lower part of rising wedge.
Support 3: 6260.0, demand zone.
Resistance 1: 6842.5, upper part of rising wedge and supply zone.
Resistance 2: 6908.0, 22nd August high.
Resistance 3: 7125.0, consolidation area 5-7 August below big bear attack.