Bitcoin Price Analysis (BTCUSD) Expected Scenario Bitcoin price (BTCUSD) trades with strong negativity to succeed reaching the thresholds of our waited target at 60330.00$, and the way seems open to surpass this level and achieve more bearish correction on the intraday and short-term basis, noting that confirming the break will push the price towards 56160.00$ as a next main station. On the other hand, we should note that the consolidation of 60330.00$ level against the current negative pressure will lead the price to start recovery attempts and build bullish wave that targets 65485.00$ areas on the near-term basis. Expected Trading Range Between 60200.00$ support and 64200.00$ resistance.

Trend Forecast: Bearish