Bitcoin price achieves the negative target – Analysis - 15-08-2019

Bitcoin price traded with clear negativity yesterday, starting today with more decline to reach our main waited target at 9855.80, and we believe that the chances are valid to surpass this level and extend the bearish wave on the short term basis, on its way to visit 9500.00 followed by 8936.30 as next negative stations.

Therefore, the bearish trend will remain dominant in the upcoming sessions, noting that failing to break 9855.80 will stop the negative scenario and push the price to start recovery attempts that target testing 10600.00 areas initially.

The expected trading range for today is between 9300.00 support and 10600.00 resistance

The expected trend for today: Bearish