Bitcoin - Technical Analysis: Monday, 31/12/2018 05:27 GMT

Bitcoin price showed some decline but it’s still getting positive support by the exponential moving averages 50 and 100, noticing that there is an under-construction positive pattern.

Surpass 4150.00 will provide strong positive motive to achieve gains in the coming period and visit 5000.00 as a next target, while breaking 3565.00 will stop the expected rise and press the price to suffer losses on the short term basis.