Bitcoin price resumes the decline – Analysis - 06-02-2019

Economies.com
2019-02-06 04:52AM UTC

Bitcoin price resumes its negative trading to move away gradually from 3400.00 barrier, which supports the continuation of our bearish overview for the upcoming period, supported by stochastic and the EMA50 negativity, waiting to visit 3110.00 that represents our next main target.

 

We remind you that the continuation of the expected decline depends on the price stability below 3605.00.

 

The expected trading range for today is between 3000.00 support and 3500.00 resistance

The expected trend for today: Bearish

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