Bitcoin (BTCUSD) Price Analysis Expected Scenario Bitcoin price (BTCUSD) opens todays trading with new decline to surpass 63000.00$ barrier, which supports the continuation of the expected bearish trend for the upcoming period, which is affected by the previously completed double top pattern, organized inside the bearish channel that appears on the chart, reminding you that our next target is located at 60330.00$. Stochastic current positivity might cause some temporary sideways fluctuation before resuming the bearish trend, which will remain valid unless the price rallied to breach 65485.00$ and hold above it. Expected Trading Range The expected trading range for today is between 60200.00$ support and 64200.00$ resistance.

Trend Forecast: Bearish