Midday update for bitcoin 22-05-2018

Economies.com
2018-05-22 11:16AM UTC

Bitcoin price fluctuates with calm negativity in attempt to move away from 8643.35 level, as long as the price below this level, so our bearish trend expectations will remain active, supported by the negative pressure that comes from the EMA50, pointing that we are waiting for targeting 8000.00 then 7000.00 levels mainly.

 

Expected trading range for today is between 7800.00 support and 9000.00 resistance

Expected trend for today: Bearish

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