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FX.co ★ teagan.orn | #Bitcoin chart analysis

#Bitcoin chart analysis

The pair BTCUSD on the Н1 timeframe is trading above the day's opening level of 66781.00 and above the daily Pivot level of 66605.00. The main indicators show a bullish trend, and the price is above the MA72 trend line, where volume unloading usually occurs. BTCUSD is trading below the monthly Pivot of 68716.21 (previous 83983.56), below the weekly Pivot of 68063.00, and above the daily Pivot level, indicating a corrective sentiment for the pair. Currently, the fork is at the level of 67400.00, from where the price may move south towards the level of 66605.00 and below, or move north towards the level of 68063.00 and potentially higher.

#Bitcoin chart analysis

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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