Cryptocurrency

Midday update for bitcoin 11-10-2018

2018-10-11 09:55:15 GMT (Economies.com)

Bitcoin price settles around 6200.00 level since morning, and as long as the price is below 6500.00, the bearish trend scenario will remain dominant in the upcoming sessions, targeting 6040.00 followed by 5880.00 levels mainly, noting that the EMA50 forms negative pressure to support the suggested decline.

 

Expected trading range for today is between 5800.00 support and 6500.00 resistance

Expected trend for today: Bearish

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