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

#Bitcoin H4

At the moment Bitcoin quotes are testing resistance at the 64525 level, and the moving average is below the price, which supports the bullish sentiment on Bitcoin. If this resistance is broken now, they will be able to continue moving further only if the price then consolidates above this level. Consolidation practically rules out a false breakout. The target to which they can continue north is the resistance at 66829. Then we’ll see based on what happens when that is reached. But as long as resistance is not broken, it’s quite realistic to move down from the resistance, and there is support at 61873, which the price may head toward. Profits to you.