Bitcoin price tests the resistance – Analysis - 22-10-2019
Economies.com
2019-10-22 04:47AM UTC
Bitcoin price continues to fluctuate around the key resistance 8265.00 and still below it, to keep the bearish trend valid until now, and the price needs to surpass the EMA50 that forms intraday support at 8125.00 to ease the mission of heading towards our negative targets that begin at 7736.50 followed by 7490.00.
In general, we will keep our bearish overview unless breaching 8265.00 level and holding above it.
The expected trading range for today is between 7736.50 support and 8500.00 resistance
The expected trend for today: Bearish
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