Midday update for bitcoin 18-10-2019

Economies.com
2019-10-18 10:44AM UTC

Bitcoin price resumes its negative trading clearly to approach our first waited target at 7736.50, reinforcing the expectations of continuing the bearish trend for the rest of the day, noting that surpassing the mentioned level will push the price to 7490.00 as a next station, while the expected decline will remain valid unless breaching 8265.00 and holding above it.

 

The expected trading range for today is between 7490.00 support and 8400.00 resistance

The expected trend for today: Bearish

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