Wednesday, February 22, 2017

Bitcoin Trend 23-02-2017

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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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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.