Bitcoin price resumes the decline – Analysis - 12-11-2019
Economies.com
2019-11-12 05:45AM UTC
Bitcoin price traded with clear negativity to break 88880.00 level and settle below it, which supports the continuation of our bearish trend expectations in the upcoming period, and the way is open for achieving our next target at 8510.00.
The EMA50 keeps pressing on the price to support the expectations of moving lower, being aware that breaching 8880.00 might push the price to test 9255.00 levels before any new attempt to decline.
The expected trading range for today is between 8300.00 support and 9000.00 resistance
The expected trend for today: Bearish
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