Bitcoin price (BTCUSD) witnessed a slight decline in its recent intraday trading, in a slight correctional move within its attempts to gain positive momentum again, to resume its bullish trend, which makes it move in a limited sideways range.
The main bullish trend remains the dominant on the short-term basis, with the price trading alongside the trend line, with continuous support due to its trading above EMA50, besides the emergence of the positive signals on the (RSI), despite the current intraday fluctuation.
Therefore, our expectations suggest the BTCUSD rise in its upcoming intraday trading, conditioned by its stability above $92,500, to target its next station at $97,400 resistance.
The expected trading range is between $91,250 support and $96,000 resistance.
Today’s forecast: Bullish
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