Bitcoin price faces solid support – Analysis - 06-11-2019

Economies.com
2019-11-06 05:23AM UTC

Bitcoin price attempted to break 9255.00 level yesterday without managing to hold below it, waiting to get enough negative motive to push the price to confirm the break and resume the expected decline for the upcoming period, which targets 8880.00 level as a first main station.

 

Therefore, the bearish trend scenario will remain suggested for today unless the price rallied to breach 9720.00 level and hold above it.

 

The expected trading range for today is between 9000.00 support and 9700.00 resistance

The expected trend for today: Bearish

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