Bitcoin price hovers around 5237.73 level and keeps its stability below it until now, noticing that stochastic provides clear negative signals, which supports the chances of resuming the expected bearish trend for the upcoming period, which targets 4830.90 level initially.
We should note that confirming breaching 5237.73 will turn the intraday track to rise, to head towards 5741.10 as a next positive station.
The expected trading range for today is between 4800.00 support and 5400.00 resistance
The expected trend for today: Bearish