Bitcoin: range-bound, scenarios

١٢ يوليو ٢٠٢٣

The Bitcoin is currently in a range-bound state. It is moving within an upward long-term trend, making it more likely to break out to the upside.
However, I see a possibility of it touching the ascending trendline around 27,700.
Until it breaks out, there is a possibility of range trading.

https://www.tradingview.com/x/FOqJW0QV/

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