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

#Bitcoin H4 Bitcoin can be said to be trading in a sideways range right now and the boundaries of this range are the support level 80171 and the resistance 83376. The moving average, in this case, cannot indicate anything specific about the outlook. Therefore, it is necessary now to wait for Bitcoin's price to move beyond the bounds of this sideways channel and only then draw conclusions about the continuation of the trend. The continuation of the trend will be in the direction in which it breaks out and, of course, can consolidate beyond the limits of this channel. without consolidation beyond its limits there is a high probability of a false breakout and the price moving in the opposite direction. Good luck to everyone.