Midday update for bitcoin 20-12-2018

Economies.com
2018-12-20 10:55AM UTC

Bitcoin price rallied upwards strongly to breach 3920.00 level and settles above it, which supports our expectations to extend the bullish wave towards our next correctional target at 4424.00, to keep the bullish trend dominant in the upcoming period supported by stochastic positivity, noting that holding above 3920.00 is important to continue the bullish momentum for the rest of the day.

 

Expected trading range for today is between 3500.00 support and 4100.00 resistance

Expected trend for today: Bullish

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