Bitcoin Trend 02-02-2017

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Bitcoin price provided calm positive  trading yesterday to approach from 1000.00 barrier, showing sideways  fluctuation affected by stochastic negativity, which shows the price  need for enough positive momentum to push trading to continue rising on  the intraday and short term basis, as the inverted head and shoulders  pattern's effect still valid, which supports the chances of heading  towards 1068.00 as a next main station.   

Therefore, our bullish overview will  remain valid for the upcoming period unless breaking 933.00 and 851.00  levels, reminding you that breaking these levels will push the price to  test 779.00 areas before any new attempt to rise.   

Expected trading range for today is between 935.00 support and 1068.00 resistance   

Expected trend for today: Bullish 

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