Bitcoin price showed new test to 11160.00 level and returns to decline to settle below 10748.00 level, which keeps the negative pressure valid until now, supported by the negative signals provided by stochastic and the EMA50, reminding you that we are waiting to head towards 8643.00 as a next station.
The bearish channel organizes the suggested bearish wave, which its continuation conditions holding below 10748.00 and 11160.00 levels.
Expected trading range for today is between 9000.00 support and 11160.00 resistance
Expected trend for today: Bearish