Bitcoin Technical Analysis: BTC/USD price action or watching paint dry, very mundane times in stubborn range

• Bitcoin price was seen up a decent 2.5% in the session on Tuesday, as it continues to grind slowly higher. 
• BTC/USD is struggling to breakdown heavily supply from $6500 to $6600. 
• Price action remains stubbornly narrow in current range, breakout is around the corner. 

BTC/USD 60-minute chart

Spot rate:                   6406.1

Relative change:       +2.5%

High:                          6526.2

Low:                           6245.0

Trend:                        Bullish
 

Resistance 1:            6430.3, 50MA. 

Resistance 2:            6527.0, entrance to supply area.

Resistance 3:            6550.9, 19th August high.

Support 1:                  6410.0, (support on 60-minute chart).

Support  2:                 6310.0, demand zone big boost received in early trading today (Tuesday).

Support  3:                 6232.9, 16th August low.