Bitcoin Price (BTCUSD) Analysis Expected Scenario Bitcoin price (BTCUSD) resumes its negative trading after the rise that it witnessed this morning, to start pressing on 62000.00$ barrier. Reinforcing the expectations of continuing the bearish trend for the rest of the day, and the way is open to achieve our next target at 60252.85$. Breaking the mentioned level will extend the correctional bearish wave to reach 56100.00$ areas on the near-term basis. The bearish trend will remain valid unless breaching 65391.75$ and holding above it. Expected Trading Range Between the support at 61000.00$ and the resistance at 65000.00$.

Trend Forecast: Bearish