Bitcoin price (BTCUSD) succeeded in achieving our expected target at 26640.85 and found strong support there, showing some slight upward bias, and may retest the broken support of the ascending channel that appears in the chart before resuming negative trading again.
Breaking the 26640.85 level will pressure the price to rush towards 25280.00 as the next negative target, while breaching 27310.00 will stop the negative scenario and lead the price to recover and achieve gains up to 28325.00 in the near term.
The expected trading range for today is between support 26200.00 and resistance 27200.00
Breaking the 26640.85 level will pressure the price to rush towards 25280.00 as the next negative target, while breaching 27310.00 will stop the negative scenario and lead the price to recover and achieve gains up to 28325.00 in the near term.
The expected trading range for today is between support 26200.00 and resistance 27200.00