Midday update for bitcoin 07-11-2019

Economies.com
2019-11-07 10:28AM UTC

Bitcoin price managed to break 9255.00 level and closed the last four hours’ candlestick below it, reinforcing the expectations of continuing the bearish trend for the rest of the day, and the way is open to achieve the waited targets that begin at 8880.00 and extend to 8510.00, noting that holding below 9255.00 represents initial condition to continue the expected decline.

 

The expected trading range for today is between 8880.00 support and 9500.00 resistance

The expected trend for today: Bearish

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