- Bitcoin price on Monday nursing minor losses of just some 0.4%, as a lack of commitment continues to be seen.
- BTC/USD back to move within an extremely narrowing daily range, subject to a breakout.
BTC/USD 15-minute chart
- Price caught between two forceful zones, within the tight trading range.
Spot rate: 3410.06
Relative change: -0.39%
High: 3436.06
Low: 3395.62
Trend: Bearish
Support 1: 3377.61, daily pivot point support.
Support 2: 3339.97, daily pivot point support.
Support 3: 3292.74, daily pivot point support.
Resistance 1: 3462.48, daily pivot point resistance.
Resistance 2: 3509.70, daily pivot point resistance.
Resistance 3: 3547.35, daily pivot point resistance.
BTC/USD 60-minute chart
- Price action moving within a bearish flag structure, seen via the 60-minute view.
BTC/USD daily chart
- Price moving within a narrowing daily range, subject to further potential downside.