Midday update for bitcoin 23-01-2018

Economies.com
2018-01-23 12:02PM UTC

Bitcoin price retested 10748.00 level that was broken previously and bounced bearishly from there, which keeps the bearish trend scenario active in the upcoming sessions, which targets visiting 8643.00 level as a next target, noting that the EMA50 keeps supporting the suggested bullish wave, which its continuation conditions holding below 10748.00 and 11160.00 levels.

 

Expected trading range for today is between 9000.00 support and 11160.00 resistance

Expected trend for today: Bearish

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