FX.co ★ #Bitcoin chart analysis
Trader Journals:::
#Bitcoin chart analysis
#Bitcoin H4 So far it hasn't been possible to properly settle below the level 83675but, the moving average, as you can see, is exerting resistance and this may have an effect. That means if it now turns out to settle below the level, then this is, of course, a continuation of the downward path but. A bit lower there is another support 81475 and it is precisely below it that there is an opportunity for a promising southward direction. While prices are above the latter there is a probability of prices heading north and, as the priority direction, the resistance at the level 87365. It is precisely above this resistance that a new opportunity for Bitcoin will open, that is, a new wave of growth. All the best.