FX.co ★ #Bitcoin chart analysis

Pair BTCUSD on the H4 timeframe is trading above the day's opening level of 116501.00 and above the daily Pivot level of 115916.00. The main 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 113677.00 (previous 114930.00), above the weekly Pivot of 114427.00, and above the daily Pivot level, indicating a bullish sentiment for the pair. The fork on this session is at the level of 117300.00, from where the price can move both south and north. I expect further upward movement.