FX.co ★ Bitcoin analysis for June 25, 2018

Trading recommendations: According to the H1 time frame, I found a fake breakout of the support at the price of $6,084, which is a sign that selling looks risky. I also found strong demand and hidden bullish divergence on the MACD oscillator, which is another sign of strength. My advice is to watch for potential buying opportunities if you see a valid breakout of the intraday bullish flag pattern. The upward target is set at the price of $6.766.Support/Resistance

$6,215 – Intraday resistance;

$6,085 – Intraday support;

$6,766 – Objective target

With InstaForex, you can earn on cryptocurrency's movements right now. Just open a deal in your MetaTrader4. *The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.