Bitcoin price did not show any strong move in the previous sessions, to continue fluctuating below the bearish channel’s resistance, thus, the bearish trend scenario will remain valid as it is without any change, and the price needs to break 3540.00 level to confirm rallying towards our waited target at 3110.00.
The expected trading range for today is between 3000.00 support and 3700.00 resistance
The expected trend for today: Bearish