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Bitcoin: The Next Range Trade Opportunity
Bitcoin is coiling for a potentially explosive move in the coming days. BTC is nearing the apex of a triangle that’s been developing for the last week. And while the crypto market remains locked in a sideways range, there’s still a $2,200 range to trade. But before we get to the potential breakout, I want to share the horizontal level to watch this month. Bitcoin opened the quarter at $28,452, which promises to be a critical level. In fact, it has been critical resistance for BTC on a daily closing basis since March 19th. That’s a significant hurdle for Bitcoin bulls this month. However, a more appealing trade ... (full story)