Bitcoin Technical Analysis: BTC/USD price has close call, saved from potential disaster, but $6000 still under threat

• Bitcoin price trading marginally on the back foot in the second half of Tuesday, down some 0.30%.
• Price has been edging lower since the high print of the session on Monday.  
• BTC/USD price action moving within a channel pattern formation, further downside caught by lower supporting trend line.  
• Given current technical developments, price is very close to testing $6000 again to the downside.  

BTC/USD 4-hour chart  

Spot rate:                   6304.0

Relative change:       -0.31%

High:                          6383.1

Low:                           6252.5

Trend:                        Bearish

Resistance  1:            6360.2, 100MA.  

Resistance  2:            6370.5, daily pivot point resistance.  

Resistance  3:            6416.7, daily pivot point resistance.  

Support 1:                 6284.1, lower trend line of channel.  

Support  2:                 6252.0, daily pivot point support.  

Support  3:                 6210.8, daily pivot point support.