Bitcoin price approached testing 3860.00 level again this morning and keeps its stability below it, to begin providing bearish reverse signals now, waiting to resume the bearish trend on the intraday and short term basis, supported by the EMA50, which targets 3475.00 level mainly, reminding you that it is important to hold below 4070.00 to continue the expected decline.
Expected trading range for today is between 3300.00 support and 4000.00 resistance
Expected trend for today: Bearish