Bitcoin price shows some of the bearish bias now, to approach from the critical support at 650.00, accompanied with stochastic reach to the oversold level, to support the chances for bouncing higher and resuming the main bullish trend, which organizes within the bullish channel that appears in the image.
Therefore, we will keep preferring the bullish trend in the upcoming sessions, conditioned by holding above 6500.00 – 6480.00 levels, reminding you that the main waited targets begin at 6880.00 then 7190.00.
Expected trading range for today is between 6400.00 support and 7000.00 resistance
Expected trend for today: Bullish