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Bitcoin price shows calm positive trading since yesterday to move away gradually from the EMA50, and we still wait to attack the neckline of the inverted head and shoulders' pattern located at 936.00 to get strong positive motive that supports the continuation of the expected bullish trend on the intraday and short term basis.
Therefore, we will continue to suggest the bullish trend in the upcoming period unless breaking 851.00 level and holding below it, noting that stochastic current negativity might force the price to provide some positive trading before resuming the bullish bias.
Expected trading range for today is between 870.00 support and 1000.00 resistance
Expected trend for today: Bullish
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