Midday Update for the Initialization Bitcoin Price 29-01-2018

The price of the pair is currently trading in negative territory, approaching the pivotal support test 10748.00, accompanied by stochastic reaching oversold levels, to provide a positive factor that we expect to push the pair higher again.

So far, we continue to push the upside move for today, unless the 10748.00 level is breached and stability below it, noting that our awaited targets start at 12852.65 and extend to 15456.70 after breaching the previous level.

The trading range for today is among the support at 10700.00 and resistance at 12850.00

The general trend for today is bullish