Bitcoin price crawls downwards – Analysis - 24-01-2019

Economies.com
2019-01-24 05:14AM UTC

Bitcoin price shows calm negative trading to move below 3565.00 level, to keep the bearish trend scenario valid without any change for the upcoming period, supported by the negative pressure formed by the EMA50, waiting to target 3110.00 level as a next main station, reminding you that holding below 3605.00 represents the first condition to continue the expected decline.

 

Expected trading range for today is between 3100.00 support and 3800.00 resistance

Expected trend for today: Bearish

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