Bitcoin (BTCUSD) price traded with noticeable negativity yesterday to succeed in achieving our first expected target at $63166.00, waiting for more decline to visit the levels of 61150.00$ , then 60326.70$ as subsequent negative targets.
From here, we continue to favor the bearish trend for the upcoming period, supported by the movement below the 50 moving average, noting that breaching 64175.00$ will stop the current negative pressure and lead the price to achieve some gains and test the level of 65480.00$ before any new attempt to decline.
Expected trading range for today is between support 61000.00$ and resistance 65000.00$
Today's price forecast: Low
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