FX.co ★ teagan.orn | #Bitcoin chart analysis
#Bitcoin chart analysis
#Bitcoin H4 Currently Bitcoin prices are approaching resistance at the level 82276 and the moving average is below, which supports both the price and the overall direction. Before this impulse they broke resistance 80554, which indicates upside strength. Therefore they may go for a resistance breakout and continue upward. But confirmation of this direction will be the fact of prices settling above this level. The upside target can be considered 86021. It's too early to look higher. A return of prices below the supports would, of course, be downside, but a prospective bearish move is only possible below the support 76207. Wishing everyone well.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade