As previously stated, BTC is very much within a range, as evidenced by price hitting the top of the range & retesting it, followed by a double top / seeing failure pattern, which eventually lead price back down to the range's bottom.
Trading Crypto over the holidays, as said before, can be volatile, and I expect this to continue until the new year.
The price is currently trading below the current range point of control and the Daily Naked point of control.
We could see a retest of this zone today, but any higher highs will require price to retake this zone as support. If this zone is rejected, the price may go down to the $45K support level.
<———————————————>
Follow us on our socials for more!
Thanks and happy trading :)
Trading Crypto over the holidays, as said before, can be volatile, and I expect this to continue until the new year.
The price is currently trading below the current range point of control and the Daily Naked point of control.
We could see a retest of this zone today, but any higher highs will require price to retake this zone as support. If this zone is rejected, the price may go down to the $45K support level.
<———————————————>
Follow us on our socials for more!
Thanks and happy trading :)
