Mid-day update Bitcoin price 01-12-2017

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·@ohamdache·
0.000 HBD
Mid-day update Bitcoin price 01-12-2017
https://steemitimages.com/0x0/http://www.returnofkings.com/wp-content/uploads/2014/08/bitcoin-gold.jpg

http://www.fxnewstoday.ae/AjaxGetImage?image_name=1512126182.png

The pivotal price of 10038.00 is now being tested, and as we mentioned earlier, the price needs to breach this level to confirm the continuation of the bullish trend in the short and medium term, depending on the rules inside the ascending channel appearing in the image and the positive support provided by SMA 50.

 

Therefore, we will maintain our positive outlook for the coming period provided stability above 9200.00, while recalling our main targets which start at 10900.00 and extend to 11395.00.

 

The trading range for today is expected among the support at 9200.00 and resistance at 10900.00

 

The general trend for today is **bullish**
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