FX.co ★ Technical Analysis of Intraday Price Movement of Bitcoin Cryptocurrency, Friday February 23 2024.

With the appearance of a hidden deviation pattern on Bitcoin's 4-hour chart between its price movement and the Stochastic Oscillator indicator, in the near future Bitcoin has the potential to try to breaks below level 50612.91 as long as there is no strengthening correction that breaks above level 53023.39 then Bitcoin has the potential to continue its decline to level 50003.48 as the main target and if the momentum and volatility are supportive enough then level 48267.63 will be the next target to try to achieve.

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