Bitcoin price traded with clear positivity this morning to settle above the neckline again, as the price is affected by stochastic positivity, but the EMA50 continues to form negative pressure that we expect to push the price to decline in the upcoming sessions, to keep the bearish trend scenario active unless breaching 4225.00 level, reminding you that we are waiting to test 3475.00 level as a next main station.
Expected trading range for today is between 3400.00 support and 4000.00 resistance
Expected trend for today: Bearish