BTC: NEED TO BREAK ABOVE THIS ACCUMULATION RANGE!!

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Welcome to this quick BTC update.

BTC is still moving in the same range. It is accumulating inside a rectangular box for more then a month. BTC is moving in a range of $18.4k to $20.4k level. Bulls need to break above the $20.4k level for a sustainable growth in BTC.

Currently, it is rejecting from the $19.7k level. We have two important resistances $19.7k and $20.4k
Until and unless we did not break and close above those resistance, all these pumps are just a trap.

Important support for BTC is at $18k, if we break below $18k then we see a quick and sharp dump.

Trade safely in this rangebound area.

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