DU09

BTC/USD - Price stuck in a range, can it break away again? 👀

BITSTAMP:BTCUSD   Bitcoin
BTC is stuck in a range between 30k and 28k.

Price tried to rally, but it turned out it was a SCAM. Bulls got trapped by bears. đŸ€Ł

However, if the price moves above this range again, then there is a good argument to make that BTC will eventually reach 35k.

If that happens we would finally get a relief rally. For now, this price action is FLAT.

Bias is neutral. Can't really argue in anyone's favor. If we fall under 28k, pack up your bags. Time to visit goblin town.

The market will decide, so lay back and wait. Go outside and have a walk in the park, may do you good.

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