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Bitcoin price (BTCUSD) attempts positively – Forecast today - 20-05-2024
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Bitcoin price (BTCUSD) attempts positively – Forecast today - 20-05-2024
May 19, 2024 9:41 PM

Bitcoin Price Analysis Expected Scenario The Bitcoin price attempted to breach the $67,080 level but couldn't sustain above it for long, indicating some temporary bearish sentiment. However, it starts today with a bullish bias, suggesting a potential continuation of the main upward trend, supported by the current positivity in stochastic indicators, with the primary target being $70,000. Hence, the bullish trend scenario remains valid and active. Breaking below $65,390 would halt the expected upward movement and prompt a return to the correctional bearish trajectory. Expected Trading Range Between $65,000 support and $68,800 resistance.

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

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