Bitcoin is currently trading in a tight consolidation range on the 4H timeframe.
BTC
69,976.75
+1.57%
This type of price action often happens before a strong move.
Things traders are watching:
• Support level holding multiple times
• Volume decreasing during consolidation
• Potential breakout above resistance
If volume increases during a breakout, the next momentum move could start.
Smart traders always wait for confirmation instead of guessing the market.
What do you think — breakout or more sideways movement?
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