Bitcoin (BTCUSD) Price Analysis Expected Scenario Bitcoin price (BTCUSD) presses on the neckline of the double top pattern that appears on the chart, waiting to reactivate the negative effect of this pattern followed by rallying to continue the decline on the intraday and short-term basis, as our negative targets start at 65485.00$ and extend further towards 60330.00$ after breaking the previous level. Therefore, we will continue to suggest the bearish trend for the upcoming period unless breaching 69400.00$ and holding above it. Expected Trading Range Between 64800.00$ support and 68000.00$ resistance.

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