Bitcoin price attempts to breach 5237.73 level now, while stochastic continues to provide the negative signals that support the chances of continuing the expected bearish trend on the intraday and short term basis, waiting to rebound bearishly to head towards 4830.90 level that represents our first main target.
On the other hand, we should note that confirming breaching 5237.73 level will stop the suggested negative scenario and lead the price to head towards 5741.10 as a next positive station.
The expected trading range for today is between 4800.00 support and 5400.00 resistance
The expected trend for today: Bearish