Bitcoin Price Configuring Resumes Height - Analysis - 09-10-2017

The price has rallied upwards to achieve strong gains and regain its bullish course after the negative pressure that dominated the recent trading, to be bullish trend likely over the coming period, and the road is open to visit the pre-recorded peak at 4979.90.

The SMA 50 carries the pair from the bottom to support further upside in the short and medium term, taking into account that a break of 4355.00 and then 4236.52 will stop the expected bullish trend and pressure the price to fall again.

The trading range for today is among the support at 4500.00 and resistance at 4900.00

The general trend for today is bullish