Bitcoin price (BTCUSD) settles around 96500.00$ level, and we expect the continuation of the bearish bias to test 95195.00$, being aware that it is important to monitor the price at this level, as breaking it will lead the price to achieve additional bearish correction that targets 90000.00$ followed by 87055.00$ as main negative stations.
Moving below the EMA50 supports the suggested bearish wave, while breaching 99785.00$ will stop the current negative pressure and lead the price to resume the main bullish trend again.
The expected trading range for today is between 93500.00$ support and 98500.00$ resistance.
Trend forecast: Bearish
Origin: Economies
