Midday update for bitcoin 17-10-2018

Economies.com
2018-10-17 09:49AM UTC

Bitcoin price did not show any strong move since morning, to continue fluctuating below 6500.00 level, while stochastic begins to decline and exit the oversold areas, which supports the continuation of the bearish trend scenario in the upcoming sessions, which its next main targets located at 6040.00 followed by 5880.00, while achieving them conditions holding below 6500.00.

 

Expected trading range for today is between 5800.00 support and 6700.00 resistance

Expected trend for today: Bearish

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