Bitcoin price awaits the break – Analysis - 17-01-2019
Economies.com
2019-01-17 05:14AM UTC
Bitcoin price returns to fluctuate at the key support 3565.00, and as we mentioned in our recent reports, the price needs to break this level to confirm resuming the main bearish trend, which its next target located at 3110.00.
In general, we will continue to suggest the bearish trend supported by the negative pressure formed by the EMA50, unless breaching 3920.00 and holding above it.
Expected trading range for today is between 3100.00 support and 3800.00 resistance
Expected trend for today: Bearish
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