FX.co ★ #Bitcoin chart analysis

#Bitcoin / Bitcoin / BTCUSD. Good afternoon. Bitcoin moved quite well to the upside yesterday, and the bullish mood remains strong today, so I continue to look to the upside as the more prioritized option for myself. Technically, on the hourly chart the indicators remain in favor of further growth, the pair is currently within a local consolidation, after which one could consider opening a new long position; the next target is 82150-200 in the short term. At the same time one of the secondary indicators does not support the development of the bullish bias, but it looks like it's just losing momentum. Moreover, this phase is already coming to an end, so most likely we will see a new impulse upwards in the near future. On the 4-hour chart the indicators also remain in favor of further growth, and the Bollinger channel is still expanding here, which indicates the likelihood of continuation of the current upward impulse, but already in the medium term. Here too one of the secondary indicators has stopped supporting the bullish bias, but it does not negate it.