Midday update for bitcoin 17-04-2019

Economies.com
2019-04-17 09:54AM UTC

Bitcoin price fluctuates around 5237.73 level since morning and it’s still below it until now, while stochastic shows clear overbought signals now, which supports the expectations of declining in the upcoming sessions, to keep our negative overview that depends on the price stability below the mentioned level, while our next target is located at 4830.90.

 

The expected trading range for today is between 4800.00 support and 5300.00 resistance

The expected trend for today: Bearish

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