Bitcoin Technical Analysis: BTC/USD the rise of the bulls or are the bears just asleep

• Bitcoin was seen up on Wednesday, with some gains over 3%, after several down days.
• BTC/USD upside seen, however running into resistance ahead of the $6500 area.

BTC/USD 60-minute chart

Spot rate:                   6395.3

Relative change:       +3.33%

High:                          6483.0

Low:                           6180.0

Trend:                        Bullish

Resistance 1:             6483.0, today’s (Wednesday) & (resistance on 60-minute chart). 

Resistance 2:             6550.0, supply zone.

Resistance 3:             6627.5, 9th August high.

Support 1:                  6233.3, 100MA. 

Support  2:                 79.427, demand zone. 

Support  3:                 76.074, today’s (Tuesday) low & demand zone.