Bitcoin Trend 20-03-2017 / Midday Update
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Bitcoin price shows positive attempts now after building a support base above 1024.67 level, which supports the continuation of the expected bullish trend scenario in the upcoming period, depending on the stability above 960.16 level, waiting for breaching 1089.18 level to confirm heading towards our next target at 1169.00.
In general, we keep preferring the bullish trend on the intraday and short term basis unless breaking 960.16 level and holding below it, pointing that breaching the targeted level will extend the bullish wave to reach 1298.00 as a next main station.
Expected trading range for today is between 960.16 support and 1169.00 resistance
Expected trend for today: Bullish
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