Bitcoin price continued to decline yesterday to succeed achieving our first waited negative target at 3500.00, showing some slight bullish bias and settles around 3600.00, while the bearish trend scenario still expected for the upcoming period as long as the price is below 3920.00, supported by the negative pressure formed by the EMA50, reminding you that our next target is located at 3110.00.
Expected trading range for today is between 3200.00 support and 3900.00 resistance
Expected trend for today: Bearish