FX.co ★ #Bitcoin chart analysis

With a downward impulse reacted the price #Bitcoin . to yesterday's US labor market data. As a result, from resistance 82000 the price plunged to the 79700 level, and at the moment trading is taking place around that value. Further, we have to wait for developments. I'm not entering long positions yet, 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 we'll get a significant move on the chart then, and until that point we risk getting stuck in a sideways range, if no major news comes in, for example from the Middle East.