Midday update for bitcoin 23-05-2019
Economies.com
2019-05-23 09:33AM UTC
Bitcoin price broke 7628.00 level clearly and closed the last four hours’ candlestick below it, which supports the continuation of our bearish overview in the upcoming sessions, which its next target located at 7195.00, noting that the EMA50 supports the expectations to decline, while holding below 7628.00 represents key condition to continue the suggested bearish bias.
The expected trading range for today is between 7200.00 support and 7900.00 resistance
The expected trend for today: Bearish
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