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01/27 06:18

Bitcoin price (BTCUSD) under the negative pressure

Bitcoin price (BTCUSD) under the negative pressure – Forecast today - 27-01-20251737951171.png

Bitcoin price (BTCUSD) opened today with strong negativity to break the intraday bullish trend line that appears on the chart and head towards achieving expected decline on the intraday basis, on its way to visit 99500.00$ followed by 95195.00$ levels as main negative stations.

 

Therefore, the bearish bias will be suggested for today, noting that breaching 103690.00$ will stop the expected decline and lead the price to resume the main bullish trend again.

 

The expected trading range for today is between 99000.00$ support and 103000.00$ resistance.

 

Trend forecast: Bearish

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