- Bitcoin price is seen holding gains of around 1% on Thursday, as the market continues to pullback off the heavy pressured lows seen this week.
- BTC/USD is being supported by a near-term ascending trend line, propping up the price in its recent adventures north.
BTC/USD 60-minute chart
Spot rate: 0.28820
Relative change: +2.79%
Support 1: 6289.2, 50MA.
Support 2: 6270.3,50MA.
Support 3: 6145.0, demand area.
Resistance 1: 6474.9, (resistance on 60-minute chart).
Resistance 2: 6527.0, supply zone.
Resistance 3: 6647.0, 15th August high.