Midday update for bitcoin 23-02-2018

Economies.com
2018-02-23 11:41AM UTC

Bitcoin price shows sideways trading since morning, keeping its stability below 10748.00, which keeps the bearish trend scenario valid until now, as the negative effect of the head and shoulders’ pattern still active, waiting to visit 8643.35 level mainly, reminding you that the EMA50 keeps forming negative pressure to support the expected decline.

 

Expected trading range for today is between 8643.00 support and 10700.00 resistance

Expected trend for today: Bearish

 

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