Bitcoin price settles below 3400.00 level, as the price crawls downwards, on its way towards our next waited negative target at 3000.00.
In general, we will continue to suggest the bearish trend in the upcoming sessions supported by the negative pressure provided by the EMA50, unless breaching 3840.00 level and holding with a daily close above it.
Expected trading range for today is between 3000.00 support and 3600.00 resistance
Expected trend for today: Bearish