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Bitcoin price recent trades are confined inside a symmetrical triangle pattern that appears on chart, thus, the price needs to beach 728.25 resistance to activate the positive effect of this pattern, which will assist to push the price to touch the main bullish channel's resistance at 763.50.
Therefore, we will continue to suggest the overall bullish trend in the upcoming period, supported by stochastic and the EMA50 positivity, noting that holding above 657.70 represents the most important condition to continue the expected rise.
Expected trading range for today is between 690.00 support and 763.50 resistance
Expected trend for today: Bullish
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