Expected Scenario
- The Bitcoin price provided clear positive trades in the previous sessions, as it attacked the 70000.00$ barrier. However, we notice that the price rebounds bearishly after placing a lower high as appears on the chart, which supports the chances of continuing the decline and achieving negative targets that start at 67080.00$ and extend to 65485.00$.
- Therefore, we expect to witness more bearish bias in the upcoming sessions, noting that breaching 70200.00$ will stop the expected decline and lead the price to achieve new gains on the intraday and short-term basis.
Expected Trading Range
Between 65500.00$ support and 70000.00$ resistance.
If you desire to spend cash or crypto on any platform, we don't recommend it. Many offers we present you here doesn't require your spending money to earn anything. For those that do, please do your due diligence before comitting your earnings to it.
