Bitcoin (BTCUSD) Price Analysis
- Bitcoin price (BTCUSD) trades negatively after testing 65391.74$ level in the previous sessions, to head towards our waited negative target at 60252.85$, and the way is open to achieve this target, noting that breaking this level will push the price to achieve more bearish correction that its next target reaches 59100.00$ areas.
- Therefore, we will continue to suggest the bearish trend for the upcoming period, noting that the continuation of the bearish wave requires holding below 65391.75$.
The expected trading range for today is between 60000.00$ support and 64000.00$ resistance.
Trend forecast: Bearish