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Bitcoin price (BTCUSD) resumes the decline – Forecast today - 29-04-2024
Economies.com
2024-04-29 03:32 UTC
Bitcoin (BTCUSD) Price Analysis
- Bitcoin price (BTCUSD) trades negatively after testing 65391.74$ level in the previous sessions, to head towards our waited negative target at 60252.85$, and the way is open to achieve this target, noting that breaking this level will push the price to achieve more bearish correction that its next target reaches 59100.00$ areas.
- Therefore, we will continue to suggest the bearish trend for the upcoming period, noting that the continuation of the bearish wave requires holding below 65391.75$.
The expected trading range for today is between 60000.00$ support and 64000.00$ resistance.
Trend forecast: Bearish
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