Bitcoin Trend
15-08-2016
Bitcoin price settles around 575.00 level since morning, and as long as the price is above the bullish channel's support –located at 507.50-, our bullish trend expectations will remain valid and active for the upcoming period, waiting to visit 682.00 level mainly.
Breaching 615.00 level will ease the mission of achieving the waited rise, noting that stochastic current negativity might cause more sideways fluctuation until the indicator manages to gain enough positive momentum to push trading to rise again. Expected trading range for today is between 538.00 support and 679.00 resistance
Expected trend for today: Bullish
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