Bitcoin price (BTCUSD) forecast update - 03-05-2024

Economies.com
2024-05-03 13:56PM UTC

Bitcoin price (BTCUSD) continued to rise to breach 60252.85$ followed by 60825.00$ levels and settles above them, to stop the correctional bearish scenario and head towards achieving gains in the upcoming period, targeting 63650.00$ followed by 65390.00$ levels as next positive stations, noting that breaking 60252.85$ will stop the current rise and put the price under the correctional bearish pressure again.

 

The expected trading range for today is between 60500.00$ support and 63500.00$ resistance.

 

Trend forecast: Bullish

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