Bitcoin weathers turbulence and uncertainty in latest technical analysis

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.