Bitcoin price resumes the decline – Analysis - 23-10-2019
Economies.com
2019-10-23 04:44AM UTC
Bitcoin price trades with a clear negativity after testing 8265.00 resistance in the last sessions, to move below 8000.00$ barrier now, supporting the continuation of our bearish trend expectations in the upcoming sessions, targeting 7736.50 then 7490.00 levels as next main stations.
The EMA50 supports the expected decline, which will remain valid unless breaching 8265.00 and holding with a daily close above it.
The expected trading range for today is between 7500.00 support and 8200.00 resistance
The expected trend for today: Bearish
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