Bitcoin price loses momentum – Analysis - 31-01-2019

2019-01-31 05:17:27 GMT (

Bitcoin price continues to fluctuate within sideways and tight track, accompanied by stochastic move inside the overbought areas, while the EMA50 keeps pressing negatively on the price.


Therefore, we will continue to suggest the bearish trend depending on the price stability below 3605.00, reminding you that our next main target is located at 3110.00.


Expected trading range for today is between 3000.00 support and 3600.00 resistance

Expected trend for today: Bearish

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