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

#Bitcoin chart analysis

#Bitcoin chart analysis

#Bitcoin H4 So far, the bulls have not been able to turn the situation in their favor, and bitcoin quotes are again heading south and have already slightly dropped below the moving average. In this case, the average acts as resistance, thus supporting the bearish sentiment of bitcoin. The decline may continue towards support at the level of 75615, where, of course, the possibilities of reversing the quotes to the north will be more realistic. Or a breakthrough of support, followed by consolidation below the level and a continuation of the decline. And of course, we remember that this is bitcoin and it is capable of sometimes incredible things. Happy trading to everyone.
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