Midday update for bitcoin 05-11-2019

Economies.com
2019-11-05 10:27AM UTC

Bitcoin price trades negatively since morning to start pressing on 9255.00 level, reinforcing the expectations of continuing the bearish trend for today, and the price needs to confirm breaking the mentioned level to rally towards the negative targets that begin at 8880.00 and extend to 8510.00, reminding you that the continuation of the expected decline requires holding below 9720.00.

 

The expected trading range for today is between 9000.00 support and 9700.00 resistance

The expected trend for today: Bearish

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