$BTC Right now, Bitcoin is squeezed within a range spanning from 85k to 90k

BTCUSDT

Prep

86,952.3

+0.45%

Usually, if price stays too long at either side of the range, it is more like to break out.

Concretely:

▪️ If price remains above 89300$ for a while (top of the range), it is more likely to make an impulsive move to 92k

▪️ If price remains below 85800$ for a while (bottom of the range), it is more likely to break down to 83k

▪️ In any case, shorting the top of the range and longing the bottom is still a good move unless price lingers too long on one end of the range