Bitcoin: range-bound, scenarios

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/

If you find it useful, like, follow, share!
Good trading!