Was in a rush this morning.
Was in a rush this morning.
The Monday range for Bitcoin this week is one of the tightest we have seen this year- Just 2.2% between the high and the low. This means we are likely to get more choppy price action until one of the levels break- Monday Low at $62.5k or the Monday High at $63.8k.
We have liquidity growing under $62k and also above $64k, so a sweep of one of these could give us the range break we are looking for. I will look to set some limit orders when I see clearer areas develop.