Midday update for bitcoin 12-12-2018

Economies.com
2018-12-12 10:38AM UTC

Bitcoin price shows some bullish bias but it’s still below 3400.00 barrier, and the EMA50 continues to press negatively on the price, to keep the bearish trend active for the rest of the day, depending on the price stability below 3635.00, noting that the bearish wave targets begin at 3000.00 and extend to 2500.00

 

Expected trading range for today is between 3000.00 support and 3600.00 resistance

Expected trend for today: Bearish

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