Bitcoin Technical Analysis: BTC/USD is in the waiting room for now, taking a deep breath ahead of next definitive direction
|- Bitcoin was seen nursing marginal losses on Tuesday of 0.5%, after the big surge seen on Monday. Price ran into small resistance ahead of $6700.
- If the bulls manage to hold above the near-term support around the psychological level of $6500, then next upside target is seen heading into the $7000 figure.
BCH/USD 60-minute chart
Spot rate: 6581.2
Relative change: -0.55%
High: 6675.2
Low: 6539.0
Trend: Neutral
Support 1: 6500.0, psychological level & (support on 60-minute chart).
Support 2: 6325.6, on top of broken bull flag pattern.
Support 3: 6209.3, (support on 60-minute chart).
Resistance 1: 6680.0, supply zone.
Resistance 2: 6840.5, highs; 18th, 19th 20th June.
Resistance 3: 7000.0, (resistance on 60-minute chart).
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