• Bitcoin price on Thursday is trading in very minor positive territory up some 0.90%.
  • BTC/USD bulls are capped to the upside by resistance seen heading into $5500 territory.  
  • Big defending of the $5000 area can be seen, the new likely bottom, next major resistance for the bulls eyed up at $5500. 

 

Spot rate:                  5253.52

Relative change:      +0.90%

High:                         5298.25

Low:                          5221.88

BTC/USD

Overview
Today last price 5264.15
Today Daily Change 34.73
Today Daily Change % 0.66
Today daily open 5229.42
 
Trends
Daily SMA20 4904.44
Daily SMA50 4300.95
Daily SMA100 3962.87
Daily SMA200 4585.54
Levels
Previous Daily High 5271.25
Previous Daily Low 5187.76
Previous Weekly High 5468.54
Previous Weekly Low 4912.39
Previous Monthly High 4130.71
Previous Monthly Low 3672.34
Daily Fibonacci 38.2% 5239.35
Daily Fibonacci 61.8% 5219.65
Daily Pivot Point S1 5187.7
Daily Pivot Point S2 5145.99
Daily Pivot Point S3 5104.22
Daily Pivot Point R1 5271.19
Daily Pivot Point R2 5312.96
Daily Pivot Point R3 5354.68

 

BTC/USD 60-minute chart

  • As can be seen via the 60-minute chart view, heavy defending at the $5000 territory, the new likely bottom and chunky resistance heading into $5500 area. 

BTC/USD daily chart

  • Price action continues to move within a bullish pennant pattern formation, subject to breakout higher.  


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