#BTC

Bitcoin has emphatically broken back into its Daily Range from a few weeks back

And in doing so, price has broken the multi-week Downtrend (black dotted)

However, Bitcoin is rejecting at the Range High

Further rejection here could see price drop into the multi-week Downtrend for a retest, unless a Daily Close above the Range High occurs to kickstart a Range breakout altogether

$BTC #Crypto #Bitcoin