Bitcoin price prediction update today 06-11-2024 $BTC
Bitcoin (BTCUSD) price is rebounding significantly after reaching the $75,400.00 barrier, to make some downward correction targeting the $72,126.30 level as the next corrective station, noting that stability above this level will lead the price to resume the main upward path, whose next target reaches $76,000.00.
On the other hand, it should be noted that breaking 72126.30 will stop the upward trend and force the price to make further bearish correction targeting $71115.00 and then $70100.00 as the next negative stations.
Expected trading range $71500.00 (Support) - $76000.00 (Resistance)
Trend forecast is high.