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

#Bitcoin I continue to monitor Bitcoin. It's not going up. It retraced, but there is no upward momentum. No one is buying it. It continues to slowly slide down after attempts to rise at the opening of the American session. Right now, an upward impulse is needed for growth. To counteract all the creeping downward movement. To break through the support level at 74,400, it needs to firmly establish below the red level. If that happens, we will see a new collapse in Bitcoin. It will fall to 55,000. Let's wait for another hour of trading during the American session. And then in the morning, we will find out what the Asians have decided. It will be funny if they dump Bitcoin. I don't have any new deals on Bitcoin yet. There is no buying impulse for growth. Sellers are holding the instrument above, not allowing a breakout. There is uncertainty. Although they are preparing to push through the support.