Bitcoin (BTCUSD) Price Analysis Expected Scenario Bitcoin price (BTCUSD) settles below 65485.00$ level, keeping the bearish trend scenario valid and active for the upcoming period, affected by the previously completed double top pattern. The EMA50 forms continuous negative pressure that supports the continuation of the suggested bearish wave, which will remain valid unless the price rallies to breach 65485.00$ followed by 66520.00$ levels and holds above them. Expected Trading Range Between 62600.00$ support and 66400.00$ resistance.

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