FX.co ★ #Bitcoin chart analysis

Price reacted with a downward impulse #Bitcoin . to yesterday's US labor market statistics. As a result, from the resistance 82000 the price plunged to the 79700 level, and at the moment trading is taking place around that value. From here, it's a matter of waiting to see how events unfold. For now I am not entering long positions, I allow for the possibility of a deeper correction toward 75000 and below. Next week the most important US inflation statistics will be published. I think then we'll get a significant move on the chart, and until that moment we risk getting stuck in a sideways range, unless any major news comes from the Middle East, for example.