Bitcoin price shows calm negative trading in attempt to move away from 6500.00 level, which supports the continuation of our bearish overview, and the price needs to surpass the EMA50 to ease the mission of achieving our waited targets, which start at 6040.00 followed by 5880.00.
We remind you that holding below 6500.00 is important to continue the expected decline, as breaching it will push the price to achieve gains that start at 6880.00 initially.
Expected trading range for today is between 5800.00 support and 6700.00 resistance
Expected trend for today: Bearish