- Bitcoin price seen holding firm gains on Friday of some 3%, maintaining the elevated theme seen this week.
- BTC/USD could see a minor pullback towards prior supply area $6600-500, a move that may be needed for further
BTC/USD 4-hour chart
Spot rate: 6688.2
Relative change: +3.10%
High: 6784.9
Low: 6473.8
Trend: Bullish.
Resistance 1: 6770.0 resistance on 4-hour chart.
Resistance 2: 7095.0, supply zone.
Resistance 3: 7404.0, 4th September high.
Support 1: 6620.0, consolidation area 26-27 Aug, before jump higher.
Support 2: 6600-500, prior supply zone, new acting demand.
Support 3: 6250.0, support on 4-hour chart.