FX.co ★ #Bitcoin chart analysis

Hello traders, The BTC/USD pair continues to trade in a downward direction today. As observed on the H1 chart, it seems that a new buying trend is emerging, albeit in the short term. However, until the 94349 maximum is broken, selling will remain relevant to me. After breaking through the range of 94826, with subsequent price consolidation above it, I will switch to a new long trading scenario. If the bear is indeed strong, I will consider a decline in the instrument towards the support at 86443, where decisions will be made to either close short positions or hold the trade further. Until a reversal pattern appears, sellers currently remain a priority.