The price of Bitcoin against the dollar, BTCUSD, returns to the strong decline it saw in the previous days, supported by the negativity of the technical indicators, which makes the price continue to decline.

Breaking 60252.85 will turn expectations and trading bearish, targeting the level of 56100.00$ and 51946.15$  because failure to break this level will make the price move upward again.

The range of price movements today is between:

Support  : 59000.00

Resistance: 63500.00

Expectations for the general movement of today’s indices: Bearish