Bitcoin price keeps its stability below 8643.35 level and below the bearish channel’s resistance line that appears on the chart, which keeps the bearish trend scenario valid until now, waiting to visit 6036.30 mainly, noting that stochastic current positivity might cause more sideways fluctuation.
We should note that breaching 8643.35 will stop the expected decline and push the price to achieve gains that start at 10748.00 and might extend to 12852.65 on the short term basis.
Expected trading range for today is between 6500.00 support and 9300.00 resistance
