Bitcoin price rallied upwards strongly to breach 11575.00 resistance and activates the positive scenario for the upcoming period, opening the way to achieve the first positive target at 12261.60, noting that breaching this level will extend the bullish wave to reach 12600.00 as a next main station, while the expected rise will remain valid unless breaking 11342.10 level and holding below it.
The expected trading range for today is between 11500.00 support and 12400.00 resistance
The expected trend for today: Bullish