SroshMayi

BTCUSD (MORE and MORE)

Long
BITSTAMP:BTCUSD   Bitcoin
BITCOIN Outlook

The price of Bitcoin (BTCUSD) is fluctuating in a bullish path, confined above the resistance line of 43150. Therefore, our positive position remains valid so far, and the price needs to stabilize above 43160 to determine its next destination more precisely, as the price is facing a conflict between technical factors now.

so the targets will be the upper of the channel about 49430 for the long term

The expected trading range for today is between support 43150 and Resistance 45500

The general expected tendency for today: Uptrend

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