Bitcoin Trend 07-02-2017

in bitcoin •  8 years ago 

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Bitcoin price shows calm positive  trading after the bullish rally that appeared yesterday, which makes the  price head gradually towards the main waited target at 1075.00,  pointing that the EMA50 and stochastic keeps supporting the price  positively.   

Therefore, our bullish trend  expectations will remain valid and active in the upcoming period unless  breaking 977.00 level and holding below it, where breaking this level  might push the price to target 924.90and might extend to 779.00 levels  before any new attempt to rise.   

Expected trading range for today is between 977.00 support and 1075.00 resistance  

Expected trend for today: Bullish 

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