Midday update for bitcoin 16-04-2018

Economies.com
2018-04-16 10:07AM UTC

The tight range dominates Bitcoin price trades since morning, and as long as the price is above 7730.00, the bullish trend scenario will remain active in the upcoming period, reminding you that our waited target is located at 8643.35, which breaching it represents the key to extend the bullish wave towards 9000.00, while breaking 7730.00 will push the price to resume the medium term bearish that its next target located at 6039.30.

 

Expected trading range for today is between 7500.00 support and 8800.00 resistance

Expected trend for today: Bullish

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