Bitcoin Technical Analysis: BTC/USD bulls gunning for next major zone $6500-7000
05/16/2019, 05:05:56
header-image

Spot rate: 6269.51 Relative change: +2.05% High: 6335.39 Low: 6108.38 BTC/USD Overview Today last price 6270.82 Today Daily Change 117.66 Today Daily

  • Bitcoin price on Friday is outperforming its peers gains of over 2% in the second half of the session.
  • BTC/USD bulls are approaching major barrier running from $6500-7000 range. 
  • Near-term bullish flag formation eyed via the 60-minute subject to a breakout. 
  • Bitcoin price on Friday is outperforming its peers gains of over 2% in the second half of the session.
  • Bitcoin price on Friday is outperforming its peers gains of over 2% in the second half of the session.
  • BTC/USD bulls are approaching major barrier running from $6500-7000 range. 
  • BTC/USD bulls are approaching major barrier running from $6500-7000 range. 
  • Near-term bullish flag formation eyed via the 60-minute subject to a breakout. 
  • Near-term bullish flag formation eyed via the 60-minute subject to a breakout. 

     

    Spot rate:                  6269.51

    Relative change:      +2.05%

    High:                         6335.39

    Low:                          6108.38

    BTC/USD

    Overview
    Today last price 6270.82
    Today Daily Change 117.66
    Today Daily Change % 1.91
    Today daily open 6153.16
     
    Trends
    Daily SMA20 5469.45
    Daily SMA50 4996.5
    Daily SMA100 4362.2
    Daily SMA200 4472.81
    Levels
    Previous Daily High 6170.86
    Previous Daily Low 5935.13
    Previous Weekly High 5795.47
    Previous Weekly Low 5073.04
    Previous Monthly High 5632.53
    Previous Monthly Low 4052.2
    Daily Fibonacci 38.2% 6080.81
    Daily Fibonacci 61.8% 6025.18
    Daily Pivot Point S1 6001.91
    Daily Pivot Point S2 5850.66
    Daily Pivot Point S3 5766.19
    Daily Pivot Point R1 6237.64
    Daily Pivot Point R2 6322.11
    Daily Pivot Point R3 6473.36

     

    BTC/USD

    Overview
    Today last price 6270.82
    Today Daily Change 117.66
    Today Daily Change % 1.91
    Today daily open 6153.16
     
    Trends
    Daily SMA20 5469.45
    Daily SMA50 4996.5
    Daily SMA100 4362.2
    Daily SMA200 4472.81
    Levels
    Previous Daily High 6170.86
    Previous Daily Low 5935.13
    Previous Weekly High 5795.47
    Previous Weekly Low 5073.04
    Previous Monthly High 5632.53
    Previous Monthly Low 4052.2
    Daily Fibonacci 38.2% 6080.81
    Daily Fibonacci 61.8% 6025.18
    Daily Pivot Point S1 6001.91
    Daily Pivot Point S2 5850.66
    Daily Pivot Point S3 5766.19
    Daily Pivot Point R1 6237.64
    Daily Pivot Point R2 6322.11
    Daily Pivot Point R3 6473.36

    BTC/USD

    Overview
    Today last price 6270.82
    Today Daily Change 117.66
    Today Daily Change % 1.91
    Today daily open 6153.16
     
    Trends
    Daily SMA20 5469.45
    Daily SMA50 4996.5
    Daily SMA100 4362.2
    Daily SMA200 4472.81
    Levels
    Previous Daily High 6170.86
    Previous Daily Low 5935.13
    Previous Weekly High 5795.47
    Previous Weekly Low 5073.04
    Previous Monthly High 5632.53
    Previous Monthly Low 4052.2
    Daily Fibonacci 38.2% 6080.81
    Daily Fibonacci 61.8% 6025.18
    Daily Pivot Point S1 6001.91
    Daily Pivot Point S2 5850.66
    Daily Pivot Point S3 5766.19
    Daily Pivot Point R1 6237.64
    Daily Pivot Point R2 6322.11
    Daily Pivot Point R3 6473.36

    BTC/USD

    Overview
    Today last price 6270.82
    Today Daily Change 117.66
    Today Daily Change % 1.91
    Today daily open 6153.16
     
    Trends
    Daily SMA20 5469.45
    Daily SMA50 4996.5
    Daily SMA100 4362.2
    Daily SMA200 4472.81
    Overview
    Today last price 6270.82
    Today Daily Change 117.66
    Today Daily Change % 1.91
    Today daily open 6153.16
    Overview Overview Overview Today last price 6270.82 Today Daily Change 117.66 Today Daily Change % 1.91 Today daily open 6153.16 Today last price 6270.82 Today last price6270.826270.82 Today Daily Change 117.66 Today Daily Change117.66117.66 Today Daily Change % 1.91 Today Daily Change %1.911.91 Today daily open 6153.16 Today daily open6153.166153.16
     
    Trends
    Daily SMA20 5469.45
    Daily SMA50 4996.5
    Daily SMA100 4362.2
    Daily SMA200 4472.81
    Trends Trends Trends Daily SMA20 5469.45 Daily SMA50 4996.5 Daily SMA100 4362.2 Daily SMA200 4472.81 Daily SMA20 5469.45 Daily SMA205469.455469.45 Daily SMA50 4996.5 Daily SMA504996.54996.5 Daily SMA100 4362.2 Daily SMA1004362.24362.2 Daily SMA200 4472.81 Daily SMA2004472.814472.81
    Levels
    Previous Daily High 6170.86
    Previous Daily Low 5935.13
    Previous Weekly High 5795.47
    Previous Weekly Low 5073.04
    Previous Monthly High 5632.53
    Previous Monthly Low 4052.2
    Daily Fibonacci 38.2% 6080.81
    Daily Fibonacci 61.8% 6025.18
    Daily Pivot Point S1 6001.91
    Daily Pivot Point S2 5850.66
    Daily Pivot Point S3 5766.19
    Daily Pivot Point R1 6237.64
    Daily Pivot Point R2 6322.11
    Daily Pivot Point R3 6473.36
    Levels
    Previous Daily High 6170.86
    Previous Daily Low 5935.13
    Previous Weekly High 5795.47
    Previous Weekly Low 5073.04
    Previous Monthly High 5632.53
    Previous Monthly Low 4052.2
    Daily Fibonacci 38.2% 6080.81
    Daily Fibonacci 61.8% 6025.18
    Daily Pivot Point S1 6001.91
    Daily Pivot Point S2 5850.66
    Daily Pivot Point S3 5766.19
    Daily Pivot Point R1 6237.64
    Daily Pivot Point R2 6322.11
    Daily Pivot Point R3 6473.36
    Levels Levels Levels Previous Daily High 6170.86 Previous Daily Low 5935.13 Previous Weekly High 5795.47 Previous Weekly Low 5073.04 Previous Monthly High 5632.53 Previous Monthly Low 4052.2 Daily Fibonacci 38.2% 6080.81 Daily Fibonacci 61.8% 6025.18 Daily Pivot Point S1 6001.91 Daily Pivot Point S2 5850.66 Daily Pivot Point S3 5766.19 Daily Pivot Point R1 6237.64 Daily Pivot Point R2 6322.11 Daily Pivot Point R3 6473.36 Previous Daily High 6170.86 Previous Daily High6170.866170.86 Previous Daily Low 5935.13 Previous Daily Low5935.135935.13 Previous Weekly High 5795.47 Previous Weekly High5795.475795.47 Previous Weekly Low 5073.04 Previous Weekly Low5073.045073.04 Previous Monthly High 5632.53 Previous Monthly High5632.535632.53 Previous Monthly Low 4052.2 Previous Monthly Low4052.24052.2 Daily Fibonacci 38.2% 6080.81 Daily Fibonacci 38.2%6080.816080.81 Daily Fibonacci 61.8% 6025.18 Daily Fibonacci 61.8%6025.186025.18 Daily Pivot Point S1 6001.91 Daily Pivot Point S16001.916001.91 Daily Pivot Point S2 5850.66 Daily Pivot Point S25850.665850.66 Daily Pivot Point S3 5766.19 Daily Pivot Point S35766.195766.19 Daily Pivot Point R1 6237.64 Daily Pivot Point R16237.646237.64 Daily Pivot Point R2 6322.11 Daily Pivot Point R26322.116322.11 Daily Pivot Point R3 6473.36 Daily Pivot Point R36473.366473.36

     

    BTC/USD 60-minute chart

    BTC/USD 60-minute chartBTC/USD 60-minute chart
    • BTC/USD moving within a near-term bullish flag structure, as the price consolidates, subject to an imminent breakout.
  • BTC/USD moving within a near-term bullish flag structure, as the price consolidates, subject to an imminent breakout.
  • BTC/USD moving within a near-term bullish flag structure, as the price consolidates, subject to an imminent breakout.

     

    BTC/USD daily chart

    BTC/USD daily chartBTC/USD daily chart
    • Bulls are heading for a big test of the $6500-7000 price region, with strong upside momentum. 
  • Bulls are heading for a big test of the $6500-7000 price region, with strong upside momentum. 
  • Bulls are heading for a big test of the $6500-7000 price region, with strong upside momentum.