FX.co ★ #Bitcoin chart analysis

The pair BTCUSD on the Н1 timeframe is trading below the day's opening level of 74884.00 and above the daily Pivot level of 73641.00. Key indicators are showing a bullish trend, with the price above the 72-period moving average trend line, where volume unloading usually occurs. BTCUSD is trading above the monthly Pivot of 68716.21 (previous 83983.56), above the weekly Pivot of 70547.33, and above the daily Pivot level, indicating a bullish sentiment for the pair. Currently, the fork is at the level of 74200.00, from where the price may move south towards the level of 73641.00 and below, or move north towards the level of 76000.00 and potentially higher.