Bitcoin technical analysis: BTC/USD hit with devastating rejection, after failing to break through game-changing resistance
|- Bitcoin price in the session on Tuesday is trading with losses of some 1.20%.
- BTC/USD bulls were hit with rejection again, after failing to break out of the narrowing triangular structure.
- BTC/USD via the daily view continues to move within a narrowing triangular structure.
Spot rate: 10,211.713
Relative change: +0.70%
High: 10,387.07
Low: 10,166.49
BTC/USD daily chart
- Price action yesterday made an attempt to break down support of a game-changing area of resistance. The bulls, however, failed to find enough momentum for a breach.
BTC/USD 60-minute chart
- The price via the 60-minute view is moving within a narrowing range-block, a low of $10,150 to a high of $10,600.
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