Cryptocurrency

Bitcoin price is stable – Analysis - 12-02-2019

2019-02-12 05:17:45 GMT (Economies.com)

Bitcoin price settles near the bearish channel’s resistance, and the price keeps its stability below it, to keep the bearish trend scenario active for the upcoming period, waiting to break 3535.00 level to ease the mission of heading towards our main waited target at 3110.00.

 

We should note that breaching 3615.00 will push the price to start new recovery attempts that target 3920.00 areas initially.

 

The expected trading range for today is between 3000.00 support and 3700.00 resistance

The expected trend for today: Bearish

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