Bitcoin continues to move in a tight range, which means we are approaching a big move. There is no clear indication yet as to how this will turn out, but this will be determined by a breakout of one of the two levels. $59,650 remains the 4-hour resistance level, while $57,000 is the 4-hour support level. Whichever level is broken will tell us where it is headed next.
As we continue to hold this range, we will continue to look for strong trades, as we have been doing.
