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Bitcoin Price Analysis
Expected Scenario
The Bitcoin price attempted to breach the $67,080 level but couldn’t sustain above it for long, indicating some temporary bearish sentiment.
However, it starts today with a bullish bias, suggesting a potential continuation of the main upward trend, supported by the current positivity in stochastic indicators, with the primary target being $70,000.
Hence, the bullish trend scenario remains valid and active. Breaking below $65,390 would halt the expected upward movement and prompt a return to the correctional bearish trajectory.
Expected Trading Range
Between $65,000 support and $68,800 resistance.
Trend Forecast: Bullish
Origin: Economies
