Midday update for bitcoin 15-08-2019

Economies.com
2019-08-15 09:20AM UTC

Bitcoin price succeeded to reach to our initial suggested target at 9500.00 after the strong break that was achieved at 9855.80 level, but it returns to the positivity and move above the mentioned level, waiting for resuming the main bearish bias, and its next main target at 8936.30, taking into consideration that the stability above 9855.80 might lead the price to achieve intraday gains that reach to 106000.00 before any new attempt to decline.

 

The expected trading range for today is between 9300.00 support and 10600.00 resistance

The expected trend for today: Bearish

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