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Been trading in this range for 70 days now.
You can see from the past price action, this kind of range lasts between 60-80 days.
I think this range will break within the next two weeks, and I’m expecting a breakdown rather than a breakout.
80’s would be a great area for a swing short if we get there, but for now, we’re already short from 78.2k, which is the exact top at the moment.
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$BTC
Trading in this range has lasted 70 days.
Based on past price movements, this kind of range usually lasts between 60 and 80 days.
I believe this range will break within the next two weeks, and I expect a downward move.
Reaching the 80s would be a great area for a short position, but for now, we are already short from 78.2k, which is the current exact top.
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🚨Information sharing, not investment advice!🚨
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