FX.co ★ #Bitcoin chart analysis

The price #Bitcoin reacted with a downward impulse . on yesterday's US labor market data. 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. Further, it's a matter of waiting for developments. For now I'm not buying, I allow for the possibility of a deeper correction in the direction of 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 market, if no important news arrives about the Middle East, for example.