Midday update for bitcoin 18-01-2018

Bitcoin price leaned on 10748.00 level and trades with clear positivity to step above 11160.00, which provides signals for the price head to regain the main bullish track and surpass the negative pressure that controlled the last trading, which makes us prefer witnessing more of the rise in the upcoming sessions, targeting testing 12852.00 level mainly.

Therefore, the bullish bias will be expected for today unless breaking 10748.00 and holding below it, where breaking this level will push the price to visit 8643.00 levels directly.

Expected trading range for today is between 10000.00 support and 12852.00 resistance

Expected trend for today: Bullish