#MajorAirdropWatch Bitcoin (BTCUSD) price continued to decline yesterday to approach the expected target at $93.400, and is now showing an upward trend to test the 50 moving average, which is an important resistance at $98000.00, and the price needs to stabilize below this level for the negative scenario to remain valid, noting that breaking $93405.00 will push the price towards $90670.00 and then $86810.00 as subsequent negative targets. Therefore, we continue to favor the downward trend for the coming period, noting that breaking $98.500 will stop the expected decline and lead the price to try to regain the main upward trend again, to head towards achieving gains that begin with testing the recently recorded historical peak at $104063.00.
The expected trading range for today is between the support $92000.00 and the resistance $99000.00
Price forecast for today: Low
