Bitcoin price within a negative pattern – Analysis - 03-12-2018
Economies.com
2018-12-03 05:25AM UTC
Bitcoin price found difficulty to continue rising in the previous sessions, to place descending tops that form double top pattern that appears on the chart, which hints the price head to resume the main bearish trend, and the price needs to break 3860.00 to confirm rallying towards achieving negative targets that start at 3475.00.
Therefore, the bearish bias will be suggested in the upcoming period unless the price managed to breach 4225.00 level and hold above it.
Expected trading range for today is between 3500.00 support and 4225.00 resistance
Expected trend for today: Bearish
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