FX.co ★ #Bitcoin chart analysis

The BTCUSD pair on the H1 timeframe is trading above the day's open level 86208.00 and above the daily Pivot level 86126.00. Major indicators point north and the price is above the МА72 trendline, where volume unloading usually occurs. BTCUSD is trading above the monthly Pivot 74200.44 ( previous 62571.89), above the weekly Pivot 77337.51 and above the daily Pivot level , which tells us about the bullish sentiment for the pair. The fork at the moment is the level 87000.00, from where the price may move down to the south to the level 86126.00 and below, and upwards may go to the north to the level 87279.00 and may be higher.