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

#Bitcoin Н1 Over the past three days, Bitcoin has been showing a northern trend, but the activity is almost non-existent when looking at the bigger picture. Currently, Bitcoin is at a resistance level of 68484, and overcoming this level will allow Bitcoin to continue pushing north, at least towards the resistance level at 70600. The moving average is slightly below the quotes, acting as support for the northern direction. Looking within the day, there is a clear sideways movement, but a more definitive direction is yet to be determined, so we should wait until Bitcoin moves beyond the channel. To be honest, it seems to me that the southern movement is not over yet, and we can expect further downward movements. Wishing everyone a great weekend.