#Bitcoin have spent 24 weeks in $55K- $71K range after hitting breaking out above $70K in March.

Similar Consolidation Period have been observed in April-Oct last year when bitcoin spent 28 weeks in $25K-$31K Range.

Price broke out from that range, and recorded over 125% growth in next 20 weeks.

Now my bias remains bullish at this point, i believe bitcoin could breakout the current range in few weeks, and reach $100K in Q3-Q4..but as market has surprised us before, and it could surprise us again.

the best way to play here would be wait for the range breakout/breakdown, and build/drop positions based on reactions.

fundamental wise bitcoin looks great, geopolitical wise it would get more acceptance, onchain growth side- btc staking will also add on more demand for #BTC, tech wise- L2s are coming..

almost every single data based assumption is pointing towards a breakout from this range to me right now..but lets see how it goes.

#DOGSONBINANCE #BTC☀ #Marketsentimentstoday #CryptoMarketMoves #BlackRockETHOptions