Bitcoin price faces the psychological barrier – Analysis - 22-05-2019
Economies.com
2019-05-22 00:58AM UTC
Bitcoin price continues to fluctuate around 8000.00 level and find difficulty to confirm breaching it, waiting to get a strong enough positive motive to push trades to continue rising in the upcoming period.
In general, we will continue to suggest the bullish trend on the intraday and short term basis unless breaking 7628.00 level and holding below it, noting that we are waiting to visit 8328.00 followed by 8800.00 levels as next main stations.
The expected trading range for today is between 7800.00 support and 8400.00 resistance
The expected trend for today: Bullish
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