Bitcoin price succeeded to achieve our extended targets at 7490.00 and settles below this level, supporting the chances for the continuation of the bearish trend on the short and medium term basis, in its way to achieve more of the negative targets that reach to 7000.00.
Therefore, the bearish trend will remain the dominant in the upcoming sessions unless breaching 7735.00 level and holding above it.
The expected trading range for today is between 7000.00 support and 7700.00 resistance
The expected trend for today: Bearish