Bitcoin Price Forecast Update Today 10-12-2024

Bitcoin (BTCUSD) price trading is stable below the $100140.00 level, and is under the negative pressure formed by the 50 moving average, and therefore, the downward trend scenario will remain in place for the coming period, reminding that our targets start at $93405.00 and extend to $90670.00 and then $86810.00 after breaking the first level, reminding of the importance of stability below $100140.00 for the expected decline to continue.

The expected trading range for today is between the support $92000.00 and the resistance $99000.00

Price forecast for today: Low $BTC