Midday update for bitcoin 10-10-2018

Economies.com
2018-10-10 09:56AM UTC

Bitcoin price presses negatively on the key support levels 6500.00 and 6480.00 but it returns to settle around the first level, noticing that stochastic shows oversold signals now, waiting to motivate the price to return to rise again, to keep the bullish trend scenario valid in the upcoming period, depending on the price stability inside the bullish channel that appears on the chart.

 

Expected trading range for today is between 6400.00 support and 7000.00 resistance

Expected trend for today: Bullish

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