Bitcoin price suffers sharp losses – Analysis - 21-08-2019

Economies.com
2019-08-21 04:55AM UTC

Bitcoin price opens today’s trading with strong decline to decline 10600.00 level and settles below it, which presses on the price to achieve more expected decline in the upcoming sessions, targeting testing 9855.80 level initially, noting that surpassing this level will press on the price to suffer additional losses that extend to reach 8936.30.

 

Therefore, the bearish trend will be suggested for today unless breaching 10600.00 level and holding above it again.

 

The expected trading range for today is between 9600.00 support and 10600.00 resistance

The expected trend for today: Bearish

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