After Shaking out weak hands, the strong hands are interested in higher prices for Bitcoin, it has been tested here for multiple times and there are a few bullish signs
1. For most of the range, The price stayed above the fib 0.5(dashed line)
2. The price rises faster than I drops
3. The tests have passed successfully showing the market prefers higher prices now
P.S
If the range will fail to bring higher prices, BTC is going to drop hard (macro H&S on monthly)