FX.co ★ #Bitcoin chart analysis

#Bitcoin H4 Bitcoin is currently trading lower and the moving average, which is above the prices, indicates support for the downward direction. At the moment prices are trading practically at the support level 83675 and, if they break this level, will be able to continue the southward path to the support at 81475. This support level may provide support and send prices upward. But if they start breaking this support as well, conclusions about the continuation of the southward path should only be made after prices consolidate below the level. In this situation there is the possibility of continuing the decline to the support at 74958. As for the north as a prospect, it is only possible upon a breakout above 87365 and, accordingly, only after prices consolidate above it. All the best.