Mid-day update for Bitcoin (BTCUSD) price 07-12-2023

Bitcoin (BTCUSD) price is under negative pressure to move towards pivot support 43365.00, which requires attention for upcoming trades as price needs to stabilize above this level to keep the uptrend scenario active for today, which mainly targets the 45030.00 zones.

We remind you that the break of 43365.00 will swing the momentary path downward towards the test of 42210.00 levels as the next main objective.

The forecasted trading range for today is between support 43200.00 and resistance 44200.00