Bitcoin price traded positively in the previous sessions to breach the bearish channel’s resistance and settles above it, which pushes the price to turn to rise on the intraday basis, supported by the EMA50 and stochastic, waiting to target 3920.00 level as a next main station.
Therefore, the bullish trend will be expected for today unless breaking 3615.00 level and holding below it.
The expected trading range for today is between 3400.00 support and 3920.00 resistance
The expected trend for today: Bullish