- Bitcoin price was hammered during the early hours of Thursday, dropping over 5%.
- BTC/USD bears have cleared a near-term key demand area, that was minimizing downside, $6500.
BTC/USD 60-minute chart
Spot rate: 6295.1
Relative change: - 5.05%
Support 1: 6160.0, support on 60-minute chart.
Support 2: 6100.0, demand zone.
Support 3: 5800.0, bottom of the buying range, key leve.
Resistance 1: 6230.5, resistance on 60-minute chart.
Resistance 2: 6250.0, supply area.
Resistance 3: 6400-500.0, prior strong demand area, new supply.
BEST BROKERS TO TRADE CRYPTO
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