Expected trading for today is between 12400.00 support and 14400.00 resistance
Bitcoin price continued to rise in the face of less reliable
transaction confirmation times and high fees !
A Picture is Better Than One Thousand Words
Bitcoin price now is around 13500.00 and currently face a lot of bearish pressure and is trading below current resistance at 14400.00 level and any recoveries from the current levels toward 14400.00 level remains a short-term sell opportunity.
Breaching 14400.00 level and hold above it will push the price up towards the start of buy zone at 16400.00 level.
Breaking 13000.00 level again, will push the price to suffer more losses, towards the start of fear zone at 12400.00 level.
Expected trading for today:
is between 12400.00 support and 14400.00 resistance.
Expected trend for today:
Bearish.
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