In this chart from TradingView 📊, we see that Bitcoin is trading within a range, fluctuating between roughly $56,000 and $62,000. After a big drop earlier in August, the price is consolidating 📉📈.

Bitcoin is now at the higher end of this range, having tested resistance near $61,500 and pulling back slightly.

Possible Scenarios:

- 🚀 Bullish Scenario: If Bitcoin breaks above $61,500 and confirms it, we might see a strong push towards higher prices! 📈💸

- 🔻 Bearish Scenario: Failure to break resistance could send Bitcoin back to the lower end of the range near $57,000, continuing its sideways movement 🤷‍♂️.

#Bitcoin #CryptoMarket #PriceActionAlwaysWin #BlockchainBurst