Bitcoin price surpasses the target – Analysis - 07-12-2018
Economies.com
2018-12-07 04:44AM UTC
Bitcoin price succeeded to achieve our waited target at 3475.00, suffering more losses to surpass this level and heads towards potential test to 3000.00$ barrier, waiting for more expected decline today.
Therefore, the bearish bias will remain dominant in the upcoming sessions supported by the negative pressure formed by the EMA50, noting that the continuation of the expected decline conditions holding below 3855.00.
Expected trading range for today is between 3000.00 support and 3500.00 resistance
Expected trend for today: Bearish
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