BITCOIN (BTCUSD): Waiting For The Next Move ₿

Bitcoin is trading in a bullish trend since the beginning of this year.
The market stopped growing ahead of holidays and we see a local weakness
and formation of an inside bar on a weekly time frame.

Analyzing the price action on a daily, we can spot a horizontal range.
Trading volumes are accumulating within, setting lower highs and higher lows.

Your next bullish confirmation will be a breakout of the upper boundary of the range.
A daily candle close above 45000 will be your strong bullish confirmation.

A bullish continuation will be anticipated at least to 47000 then - the next weekly resistance.

A bearish breakout of the support of the range will be a signal of an extended correction.

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