Midday update for bitcoin 16-01-2019

Economies.com
2019-01-16 11:02AM UTC

Bitcoin price finds difficulty to surpass 3565.00 level until now, to show some slight bullish bias, but the EMA50 continues to press negatively on the price, to support the continuation of our bearish overview for today, which targets 3110.00 as a next station, while achieving it conditions holding below 3920.00.

 

Expected trading range for today is between 3100.00 support and 3920.00 resistance

Expected trend for today: Bearish

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