FX.co ★ #Bitcoin chart analysis

The pair BTCUSD on the H1 timeframe is trading above the day's opening level of 89250.00 and above the daily Pivot level of 88636.00. Key indicators show a bullish trend, and the price is above the 72-period moving average trend line, where volume typically unloads. BTCUSD is trading above the monthly Pivot of 88737.65 (previous 194312.47), near the weekly Pivot of 89431.00, and above the daily Pivot level, indicating a bullish sentiment for the pair. Currently, the key level is the weekly Pivot at 89431.00, from where the price may move south towards the level of 88737.00, or move north towards the level of 89500.00 and potentially higher.