Bitcoin price analysis for 25-09-2017

in bitcoin •  7 years ago 

25-09-BTC.jpg

A stable price remains below 3776.64 after retesting this morning. SMA 50 continues to press the pair negatively, and the bearish trend remains valid for today, awaiting a move towards 3404.95 mainly.

A break above 3776.64 - 3830.00 will push the pair back to retrace its main ascending trend again, beginning with the positive targets of testing the pivotal resistance 4236.52.

The trading range for today is among the support at 3405.00 and resistance at 4000.00

The general trend for today is bearish

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