Bitcoin (BTCUSD) Price Analysis Expected Scenario Bitcoin price (BTCUSD) rallied upwards strongly yesterday, as it breached the symmetrical triangles resistance line to get positive motive that pushed it to achieve our first waited target at 70645.00$, waiting for more rise to achieve additional gains that reach 73800.00$. Therefore, we will continue to suggest the bullish trend for the upcoming period, supported by the EMA50 that carries the price from below, noting that breaking 68890.00$ will stop the expected rise and put the price under the negative pressure on the intraday basis. Expected Trading Range Between 69300.00$ support and 73800.00$ resistance.

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