Bitcoin price (BTCUSD) tested the key support 56160.00$ and kept its consolidation above it, noticing that the price begins today with clear bullish bias to approach our first positive target at 58480.00$, waiting for more rise to visit 60326.70$ that represents our next main target.
Therefore, we will continue to suggest the bullish trend for the upcoming period, noting that breaking 56160.00$ will stop the expected rise and push the price to turn to decline.
The expected trading range for today is between 57000.00$ support and 60326.00$ resistance.
Trend forecast: Bullish
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