Bitcoin Trend 23-02-2017

in bitcoin •  8 years ago 

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Bitcoin price continued its positive  trading to surpass the recorded top at 1139.90 without being able to  settle above it, to provide some slight bearish trading affected by  stochastic, pointing that the indicator is approaching from the oversold  levels to provide positive factor that we wait to push the price to  rise again.   

Therefore, our bullish trend  expectations will remain valid and active on the intraday and short term  basis, conditioned by holding 1092.00, pointing that the next main  target located at the recorded historical top at 1163.00.   

Expected trading range for today is between 1092.00 support and 1163.00 resistance   

Expected trend for today: Bullish 

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