Bitcoin (BTCUSD) Price Analysis Expected Scenario Bitcoin price (BTCUSD) rally stopped at the thresholds of 70000.00$ barrier, to rebound downwards clearly and head towards resuming the recently suggested bearish track, as it starts pressing on the first key support 67080.00$, and the price needs to surpass this level to head towards the next support at 65485.00$, noting that breaking the last level will confirm opening the way to achieve additional negative targets that extend to reach 62570.00$ followed by 60330.00$. Therefore, we expect to witness more decline in the upcoming sessions unless breaching 69710.00$ and holding above it. Expected Trading Range Between 65000.00$ support and 68500.00$ resistance.

Trend Forecast: Bearish Read more: Will Bitcoin price reach $100,000 in 2024?