Bitcoin price fluctuates at the minor bullish channel’s support line, waiting to break this support to activate the negative effect of the bearish flag pattern formed by this channel followed by pushing the price towards our negative targets that reach 6040.00 followed by 5880.00.
Therefore, we will keep our bearish overview for today unless breaching 6500.00 and holding above it.
Expected trading range for today is between 6200.00 support and 6600.00 resistance
Expected trend for today: Bearish