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

The price #Bitcoin . reacted with a downward impulse to yesterday's US labor market statistics. As a result, from resistance at 82000 the price dropped to the 79700 level, and at the moment trading is taking place around that value. Next, we wait for developments. I'm not entering long positions yet; I allow for the possibility of a deeper correction toward 75000 and below. Next week, the key US inflation statistics will be published. I think we'll then see a significant move on the chart, and until then we risk getting stuck in a sideways market, unless any important news, for example from the Middle East, emerges.