Bitcoin range

10 thg 6, 2022

Although I still think a relief rally is more likely than a dump to 20k, the current range of Bitcoin seems exhausted. Not enough buyers above 30k at the moment. So a possible scenario is that the price will retest the middle or the bottom of the channel, and will bounce from there. The important levels to watch are on the chart. Breaking out from the channel to the down invalidates the idea.