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

#Bitcoin chart analysis

Against the backdrop of yesterday's Fed meeting sellers of #Bitcoin actively stormed the round support level 75000, but they were unable to break it. Buyers managed to hold this line, and at the moment trading is taking place around the 76500 mark. As long as the current support remains in place, the priority on growth and buying is maintained. Tomorrow there will be a meeting of the Bank of Japan, where a rate hike is also expected. In light of this event I expect an increase in volatility on the Bitcoin chart. The prospects for significant growth depend entirely on a potential breakout of the resistance zone of the disease 82000. Meanwhile, bearish scenarios depend on a break of the 75000 support.

#Bitcoin chart analysis

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