Bitcoin price begins negatively – Analysis - 30-10-2019

Bitcoin price begins today’s trading with a bearish bias to press on the bullish pennant flag’s support that we mentioned yesterday, which requires being aware in the upcoming trading, where the continuation of the negative pressure and holding below 9200.00 will stop the suggested positive scenario and pushes the price to decline again, where the negative targets begin at 8725.00.

On the other hand, the price needs to breach 9500.00 to confirm the continuation of the bullish trend in the upcoming sessions, targeting 10900.00 levels mainly.

The expected trading range for today is between 8900.00 support and 9800.00 resistance

The expected trend for today: Bullish