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

On Friday, the price of Bitcoin formed a bullish pin bar, and yesterday this pattern was activated, and at the moment we have a small follow-through. The price rose above 85,000 yesterday, and I hope that the continuation of the uptrend will occur at the beginning of the new trading week. Nevertheless, over the weekends, activity in crypto is minimal. If the pattern follow-through continues, I consider reaching the 90,000 level possible. Bears may become active again at the level retest. To resume bullish sentiment, it is necessary to at least consolidate above 91,000, ideally above 95,000. For now, technically, selling options seem more preferable.