FX.co ★ #Bitcoin chart analysis

#Bitcoin H4 Currently Bitcoin prices are approaching resistance at 82276 and the moving average is below that, which supports both the prices and the overall direction. Before this move they broke resistance 80554, which indicates bullish strength. Therefore they may attempt a breakout of resistance and continue higher. But confirmation of this direction will be a sustained close above that level. The upside target can be considered at 86021. It's too early to look higher. As for a return of prices below the supports, that's of course bearish, but a viable bearish scenario is possible only below the support 76207. All the best.