- Bitcoin price into the second half of the session on Tuesday in positive by a modest 0.5%.
- BTC/USD continues to struggle conquering the $4000 price territory, as much supply seen here.
BTC/USD 15-minute chart
- Following the spike higher earlier today, price action has narrowed greatly, which will be subject to a breakout.
Spot rate: 3817.15
Relative change: +0.51%
High: 3853.02
Low: 3773.47
Trend: Neutral
Support 1: 3680.02, daily pivot point support.
Support 2: 3536.24, daily pivot point support.
Support 3: 3427.3, daily pivot point support.
Resistance 1: 3932.74, daily pivot point resistance.
Resistance 2: 4041.68, daily pivot point resistance.
Resistance 3: 4185.45, daily pivot point resistance.
BTC/USD 60-minute chart
- Troublesome near-term supply within the $3800 price territory, capping upside via the 60-minute view.
BTC/USD daily chart
- Bitcoin like many of its peers is trading within a very mundane narrow trading range.
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