Bitcoin Technical Analysis: BTC/USD big safeguard with no signs of a slowdown for the bulls
|- Bitcoin price seen holding strong gains of over 3% in the latter stages o trading on Friday.
- BTC/USD bulls have the room to run wild, clear path to $7000 and beyond.
BTC/USD daily chart
Relative change: +3.71%
High: 6790.5
Low: 6473.8
Trend: Bullish.
Resistance 1: 6782.0, resistance on daily chart.
Resistance 2: 7373.5, 4 September high.
Resistance 3: 7740.0, supply zone.
Support 1: 6163.0, supporting ascending trend line.
Support 2: 5901.0, 14th August low.
Support 3: 5800.5, demand zone.
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