Bitcoin price returns to fluctuate around the EMA50, while the bullish trend scenario still active, depending on the price exit from the bearish channel that appears on the chart, waiting to resume the bullish bias that its next targets located at 4500.00 then 4700.00.
Stochastic current negativity might force the price to provide more sideways trades before resuming the expected bullish trend, which its continuation conditions holding above 3885.00.
Expected trading range for today is between 4000.00 support and 4500.00 resistance
Expected trend for today: Bullish