Bitcoin price managed to break 3565.00 level and hold below it, which supports the continuation of our bearish trend expectations efficiently for the upcoming period, reinforced by the negative pressure formed by the EMA50, reminding you that we are waiting to visit 3110.00 level as a next station, taking into consideration that holding below 3920.00 represents the most important condition to continue the expected decline.
Expected trading range for today is between 3000.00 support and 3700.00 resistance
Expected trend for today: Bearish