Traders are focusing on the new year celebration more
than anything else, and expected trend for today is neutral.
A Picture is Better Than One Thousand Words
Bitcoin price now is around 12950.00 and needs to recover above the 14400.00 area and hold in order to alleviate the bearish pressure.
Breaching 14400.00 level and hold above it will push the price up towards the start of buy zone at 16400.00 level.
Breaking 13000.00 level again, will push the price to suffer more losses, towards the start of crash zone at 10700.00 level.
Let’s see what happens!!!
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