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

#Bitcoin Н4

Bitcoin is currently heading north, supported by a moving average below the quotes, thus acting as a support. It looks like there is a good chance to test the resistance at the level of 94200 and then, if it is overcome, there may be a continuation of the upward movement. Bitcoin's support now includes not only the moving average but also the level of 90060.50. By breaking this support and consolidating below it, Bitcoin will have the prospect of continuing its southern path. I won't talk about targets to the south yet, it doesn't make sense. I expect the resistance to be worked out, and then I will draw conclusions based on the actual situation. Profits!