Bitcoin price shows tight trading since morning, settling below the EMA50, thus, the bearish trend scenario will remain valid as it is without any change for today, depending on the price stability below 6705.00, reminding you that the expected targets begin at 6039.30 and extend to 5555.00 after breaking the previous level.
Expected trading range for today is between 5700.00 support and 6705.00 resistance
Expected trend for today: Bearish