Bitcoin price hits the first target – Analysis - 22-08-2019

Economies.com
2019-08-22 04:39AM UTC

Bitcoin price succeeded to achieve our first waited target at 9855.80 and settles there, as it begins today with more negativity to hint breaking the mentioned level followed by opening the way to extend the bearish wave to reach 8936.30 on the near term basis.

 

Therefore, the bearish trend will remain dominant in the upcoming sessions, noting that failing to confirm breaking 9855.80 might push the price to test 10600.00 areas again before any new attempt to decline.

 

The expected trading range for today is between 9300.00 support and 10200.00 resistance

The expected trend for today: Bearish

Cryptocurrency Technical Analysis

Crypto News

Cryptocurrency

Bitcoin backs off two-week high as exchange funds cash inflows cease
2024-05-08 12:33PM UTC
Bitcoin fell a bit on Wednesday on track for the third loss in a row, away from two-week highs on ...
Crypto News

Cryptocurrency

Bitcoin hits two-week high amid positive sentiment
2024-05-06 12:24PM UTC
Bitcoin gained ground on Monday and expanded its profits for the fifth straight session, scaling a ...
Crypto News

Cryptocurrency

Cryptocurrencies shine with positive performance ahead of US payrolls data
2024-05-02 20:05PM UTC
Most cryptocurrencies rose on Thursday as markets continue to assess the Federal Reserve’s ...

Cryptocurrency Technical Analysis

Crypto Analysis

Cryptocurrency

Ethereum price (ETHUSD) crawls downwards – Forecast today - 08-05-2024
2024-05-08 03:55AM UTC
Ethereum Price (ETHUSD) Performance Analysis and Outlook for the Next Sessions Expected ...
Crypto Analysis

Cryptocurrency

Bitcoin price (BTCUSD) is affected by negative pattern – Forecast today - 08-05-2024
2024-05-08 03:55AM UTC
Bitcoin Price (BTCUSD) Performance Analysis and Outlook for the Next Sessions Expected ...
Crypto Analysis

Cryptocurrency

Ethereum price (ETHUSD) resumes the decline – Forecast today - 07-05-2024
2024-05-07 03:51AM UTC
Ethereum (ETHUSD) Price Analysis Ethereum price (ETHUSD) shows more bearish bias to settle below ...