Expected trading for today is between 5300.00 support and 5800.00 resistance
The bearish pressure is back and it looks
like bulls aren’t ready to push it back up soon.
So What Next!
Bitcoin gold has been weighing on bitcoin price as investors are once again worried about the upcoming network upgrade, that will be open to the public by November 1st.
Stochastic & RSI show exhaustion among bears.
The price is in the middle of a correction and bitcoin continued its negative pressure towards 5422.00 level.
Breaking 5422.00 and hold below it, will move the price to test 4950.00 level.
Breaching 5920.00 barrier and hold above it, will cancel the suggested bearish correction and will push the price again to 6200.00.
Expected trading
for today is between 5300.00 support and 5800.00 resistance.
Expected trend for today: Bearish.
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