Monday, January 16, 2017

Bitcoin Trend 17-01-2017

Bitcoin price starts today's trading with clear positivity to succeed breaching 837.00 level, which forms additional positive factor that supports our expectations of continuing the bullish trend on the intraday and short term basis, and the way is open now to visit 924.50 level that represents the first main target.

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Therefore, the bullish trend will remain suggested in the upcoming sessions conditioned by the price stability above 779.00 level, noting that breaching the targeted level will extend Bitcoin price gains to reach 1050.00as a next main station.



Expected trading range for today is between 
800.00 support and 924.50 resistance.

Expected trend for today: Bullish


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YOU SHOULD NOT TAKE ANY MATERIAL posted on this BLOG AS RECOMMENDATIONS 
TO BUY OR SELL BITCOIN, GOLD OR ANY OTHER INVESTMENT VEHICLE LISTED. 
 Do your own due diligence. 
No one knows tomorrow's price or circumstance. 
 I intend to portray my thoughts and ideas on the subject which may s be used as a tool for the reader. 
I do not accept responsibility for being incorrect in my speculations on market trend.