FX.co ★ #Bitcoin chart analysis

#Bitcoin H4 Currently Bitcoin quotes are approaching resistance at 82276 and the moving average is below, which supports both the quotes and the overall direction. Before this impulse, resistance 80554 was broken, indicating bullish strength. Therefore, they could break the resistance and continue upward. But confirmation of this direction will be the prices holding above that level. The upside target can be considered level 86021. It's too early to look higher. A return of prices below the supports would, of course, be bearish, but a meaningful downside outlook is only possible below the support 76207. All the best.