Midday update for bitcoin 19-08-2019

Economies.com
2019-08-19 09:26AM UTC

Bitcoin price rallied higher strongly to breach 10600.00 level and settles above it, which leads the price to achieve more of the potential gains in the upcoming sessions, we expect turning to the upside to visit 11000.00 then 11342.00 as next main stations, being aware that the trading below 10600.00 will reactivate the bearish trend scenario that its initial target at 9855.80.

 

The expected trading range for today is between 10500.00 support and 11300.00 resistance

The expected trend for today: Bullish

 

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