#FollowTheLeadTrader

03/13/2025 CRYPTO ANALYSIS

BTC: Stuck in a Range, Awaiting Breakout

Bitcoin remains trapped within a 4-day price range, with no clear direction yet. A breakout above $86.5K could signal a move toward $90K resistance, but weakness in traditional markets suggests a potential retest of the $78K range low first.

Technical Outlook:

• BTC is consolidating within a tight range, awaiting a decisive move.

• A breakout above $86.5K would open the door for a push toward $90K.

• Traditional markets are showing weakness, which could pressure BTC lower toward $78K.

Key Levels to Watch:

• Resistance: $86.5K (range high), $90K (next major level)

Trading Strategy:

• Bullish Bias: Look for a long setup if BTC breaks and holds above $86.5K.

• Bearish Bias: A move below $78K could trigger further downside pressure.

• Risk Management: Be cautious with new positions until a confirmed breakout occurs.