Bitcoin Market Analysis 07 Feb 2019
The volatile price is fluctuating in a narrow path, stabilizing below the 3400.00 barrier, and is under continuous negative pressure coming from the 50 MA. The bearish scenario remains unchanged for the coming period, relying on stability below 3605.00. 3110.00.
The trading range for today is among the support at 3000.00 and resistance at 3500.00
The general trend for today is bearish