Bitcoin price attempts negatively – Analysis - 28-02-2019
Economies.com
2019-02-28 05:07AM UTC
Bitcoin price attempted to break the intraday bullish trend line that appears on the chart but it couldn’t hold below it until now, while it falls under continuous negative pressure by the EMA50 to support the chances of continuing the expected bearish trend scenario for the upcoming period, which targets 3110.00 as a next main station.
In general, we will continue to suggest the bearish trend unless breaching 3920.00 level and hold above it.
The expected trading range for today is between 3500.00 support and 3920.00 resistance
The expected trend for today: Bearish
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