BITCOIN Analysis for March 15, 2019 888011000 110888 Bitcoin has actually been rather indecisive at the edge of $3,880 for a couple of days in a row. The price sustained the bullish momentum. The price was trapped in a variety in between $3,800 and $4,000 for a while. Now it is anticipated to rebound with a greater target in the coming days.Fundamentally, there is very little going on the Bitcoin side but technical aspects reveal indecision and low liquidity in the market. During the range-bound correction, the cost has been carried by the vibrant level of 20 EMA after the spontaneous fall off the $4,200 in February. Currently the rate has actually come under the bullish pressure with a target towards$4,000. We expect more bullish momentum with a target towards$4,250 and later on towards $4,500 if broken above with an everyday close. As the price stays above$ 3,500-600 with a day-to-day close, BTC will preserve strong bullish bias. ASSISTANCE: 3,500-600, 3,800-80 RESISTANCE: 4,000, 4,250, 4,500 BIAS: BULLISH MOMENTUM: VOLATILE The product has been supplied by InstaForex Company- www.instaforex.com

By | March 15, 2019

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