Bitcoin Inside a Possible Range Trading Pattern

Bitcoin Inside a Possible Range Trading Pattern

Two weeks ago, Bitcoin tested the all-time high price zone but didn't manage to break through. The all-time high was created on March 13, 2024, and since then, it hasn't been invalidated.

The market is probably speculating related to the US elections, but overall, it has little relation to BTC value. We must be cautious of any manipulation we've heard about frequently.

If the price respects the pattern, we should see Bitcoin unfolding a bearish scenario as shown on the chart.

You may find more details in the chart!
Thank you and Good Luck!

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