BTCUSD

Bitcoin trades well above the USD3,550 level despite the 1% downward trade at its current USD3,660, as of writing. More analysts are expecting the range to be tighter as it moves toward large upward leap.

Bitcoin trades down 1% at its current $3,675 price. Yesterday, Bitcoin increased to $3,725 after dropping to $3,550 during the weekend. In the long term, analysts agree that Bitcoin currently covers between $3,000 and $5,000 in a large trading range, with strong support at the former price and resistance at the latter