- Bitcoin price spikes over 2.5% to the upside in the latter stages of Wednesday, jumping from the session low.
- BTC/USD received decent buying a strong daily support area, around $6200.
- The low produced on 29th October, proven to be of some firm comfort for BTC/USD today.
BTC/USD 60-minute chart
Spot rate: 6328.3
Relative change: +0.91%
Support 1: 6247.1,daily pivot point support & 29 October low.
Support 2: 6223.3. daily pivot point support.
Support 3: 6152.9, 15 October low.
Resistance 1: 6312.7,daily pivot point resistance.
Resistance 2: 6328.7, 50MA. (60-minute).
Resistance 3: 6336.55, daily pivot point resistance.
BEST BROKERS TO TRADE CRYPTO
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.