Midday update for bitcoin 13-02-2018
Economies.com
2018-02-13 10:52AM UTC
Bitcoin price trades with calm negativity since morning to approach gradually from the critical support at 8255.00, as we mentioned this morning, breaking this level will confirm the continuation of the bearish trend that its next target at 6036.30.
In general, we will keep our bearish trend expectations in the upcoming period unless breaching 8960.00 level and holding above it, pointing that stochastic provides negative signals that support the expected decline.
Expected trading range for today is between 6500.00 support and 9300.00 resistance
Expected trend for today: Bearish
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