Bitcoin price shows calm negative trades to crawly gradually towards the first negative target at 6040.00, which keeps our bearish overview valid until now, depending on the price stability below 6500.00, besides the negative pressure formed by the EMA50.
Breaking 6040.00 will push the price towards 5880.00 direct, while breaching 6500.00 will lead the price to achieve gains that reach 6880.00 on the near term basis.
Expected trading range for today is between 5800.00 support and 6400.00 resistance
Expected trend for today: Bearish