Bitcoin made intraday gains yesterday to approach 9255.00, but today starts with a noticeable bearish slope on its way to test 8880.00, supported by the current stochastic negativity, waiting to break this level to confirm the extension of the downside wave towards 8510.00 as the next main target.
Therefore, the bearish scenario will remain valid for the upcoming period unless 9255.00 is breached and stability above it.
Expected trading range for today is between 8500.00 support and 9300.00 resistance
Expected trend for today: Bearish
Therefore, the bearish scenario will remain valid for the upcoming period unless 9255.00 is breached and stability above it.
Expected trading range for today is between 8500.00 support and 9300.00 resistance
Expected trend for today: Bearish