FX.co ★ #Bitcoin chart analysis
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#Bitcoin chart analysis
Pair BTCUSD on Н1 period is trading near the day's opening level of 74414.00 and above the daily Pivot level of 73072.00. Key indicators show a bullish trend, and the price is above the MA72 trend line, where volume unloading usually occurs. BTCUSD is trading above the monthly Pivot of 69755.25 (previous 68716.21), above the weekly Pivot of 70847.00, and above the daily Pivot level, indicating a bullish sentiment for the pair. Currently, the fork is at the day's opening level of 74414.00, from where the price may go south to the level of 73500.00 and below, or it may go north to the level of 74900.00 and potentially higher.