Bitcoin price (BTCUSD) faces clear negative pressure to move below 100000.00$ now, affected by stochastic negativity, which urges caution from the upcoming trading, as consolidating below this level will stop the morning suggested positive scenario and lead the price to visit 95195.00$ areas on the near-term basis.

 

Now, the price needs to trade above 100000.00$ again to revive the bullish wave that its first main target located at 105000.00$.

 

The expected trading range for today is between 97500.00$ support and 105000.00$ resistance.

 

Trend forecast: Bullish