Bitcoin price draws positive pattern – Analysis - 21-09-2018

Bitcoin price begins today’s trading with clear bullish bias to breach 6500.00 level and attempts to hold above it, hinting the price return to the correctional bullish track again, noticing that the price draws double bottom pattern that appears on the chart, its confirmation line is located at 6585.00, which means that breaching this level will push the price to achieve positive targets that start at 6880.00 and extend to 7188.00.

Therefore, the bullish bias will be suggested in the upcoming period unless breaking 6260.00 level and holding below it.

Expected trading range for today is between 6200.00 support and 7000.00 resistance

Expected trend for today: Bullish