FX.co ★ #Bitcoin chart analysis

Pair BTCUSD timeframe H1 is trading below the daily open level 83321.00 and below the daily Pivot level 83958.00. Main indicators point south and the price is below the MA72 trend line, where volume unloading usually occurs. BTCUSD is trading above the monthly Pivot 82012.54 ( previous 74200.44), below the weekly Pivot 85202.86 and below the daily Pivot level , which tells us about a strong corrective sentiment for the pair. The fork at the moment is the level 83000.00, from where the price can go lower to the south to the level 82229.00 and below, or higher to the north to the level 83521.00 and possibly above.