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

The price of #Bitcoin reacted to the news of the US and Iran being close to a deal with a decent bullish impulse. A small growth impulse was received during the American session, but trading remains within a narrow range and further prospects are uncertain. Trading within the boundaries of the ascending channel has been ongoing for about 4 months now. Such prolonged periods of uncertainty have not been observed for a long time. We are waiting for the price to break out of this channel to understand the direction of further trading. To break to the upside, it is necessary to break above the resistance zone around the 84500 level. A downtrend will become relevant in case of a breakthrough below the 70000 level.