Last weeks high: $17425
Last weeks low: $16668.5
Midpoint: $17047
BTC ranging between these levels. Last week every first attempt to push past a key level failed on first try with a reaction off the line for both Longs and Shorts.
I expect more ranging throughout the week with reactions at the key levels similar to last week, with price tending toward the midpoint before any significant move for the bulls or the bears.
Last weeks low: $16668.5
Midpoint: $17047
BTC ranging between these levels. Last week every first attempt to push past a key level failed on first try with a reaction off the line for both Longs and Shorts.
I expect more ranging throughout the week with reactions at the key levels similar to last week, with price tending toward the midpoint before any significant move for the bulls or the bears.