***bitcoin analysis on the hourly chart

plan is very simple here,

if price is able to hold and close above 83,000 here then we can see another move higher from here.

we have a support area here + price is sitting above the EMA200 on the hourly chart here, so hold here and it is ready to run higher.

in-case if this support is lost then 82,000-80,000$ will be next surely.

*this is a trade idea/general analysis and not an official call — It won’t count towards our monthly results*