Bitcoin range chop continues, but a breakout is brewing


Bitcoin range chop continues, but a breakout is brewing


Bitcoin’s range expansion chose the downside, but data suggest the larger breakout is still brewing.

Key points:

Bitcoin still trades in its 18-day range despite a breakdown below $116,000.

The latency between pro-crypto policy from US regulators and the Trump administration and Bitcoin price has left traders feeling anxious.

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