Bitcoin (BTC/USD) experienced some bearish correction yesterday, reaching the $63,200.00 area. However, the price has started to show clear positive trades, driven by stochastic positivity, indicating a potential resumption of the main bullish trend. Expected gains could start at $66,085.00 and extend to $67,070.00.
Additionally, breaching the $64,795.00 level would complete the formation of a bullish flag pattern, supporting the expectations for a rise in the upcoming sessions. Conversely, breaking below $63,075.00 would halt the anticipated bullish trend and push the price towards further bearish correction.
The expected trading range for today is between the support level of $63,000.00 and the resistance level of $66,500.00.
Trend Forecast: Bullish
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