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Midday update for bitcoin 13-08-2019
Bitcoin price continues to fluctuate around 11342.10 level and still above it until now, which keeps the bullish trend scenario valid until now, supported by the positive signal provided by stochastic, waiting to head towards 12260.00 initially.
We should take into consideration that facing negative pressure and breaking 11342.10 will stop the positive scenario and push the price to decline towards 10600.00 as a first negative station.
The expected trading range for today is between 11000.00 support and 12260.00 resistance
The expected trend for today: Bullish
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