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Bitcoin price approaches the target – Analysis - 30-03-2018
Bitcoin price trades with clear negativity now to approach our main waited target at 6039.30, which represents key condition to the short term and medium term trades, as breaking it will cause extension to Bitcoin price losses to reach 5200.00 as a next main station.
Until now, we will continue to suggest the bearish trend domination in the upcoming period supported by the EMA50, unless the price managed to rally upwards to breach 8280.00 followed by 8643.35 levels and hold above them.
Expected trading range for today is between 5800.00 support and 7000.00 resistance
Expected trend for today: Bearish
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