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 the resistance 82000 the price plunged to the 79700 mark, and at the moment trading is taking place around that level. Next, it remains to 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 released. I think we'll then get a significant move on the chart, and until that moment we risk getting stuck in a sideways market, unless, for example, any important news from the Middle East arrives.