FX.co ★ #Bitcoin chart analysis

The price #Bitcoin . reacted with a downward impulse to yesterday's US labor market statistics. As a result, from resistance at 82000 the price plunged to the 79700 level, and at the moment trading is taking place around that value. Next, it's a matter of waiting for developments. For now I'm not jumping into buying; I allow for the possibility of a deeper correction toward 75000 and below. Next week key US inflation data will be published. I think we'll then see a significant move on the chart, and until that point we risk getting stuck in a sideways range, unless some important news from the Middle East, for example, comes in.