Bitcoin has been trading in the range of $40,850 to $41,075, leaving investors to decipher several charts, oscillators, and moving averages for hints about the asset's next move.
Oscillators indicate neutrality, while moving averages present a varied image, putting the popular crypto at a key intersection.
On a 4-hour chart, bitcoin's direction illustrates a downtrend.
Bitcoin sees the possibility of changing its overall trend based on the measurements and indicators experts are currently observing.