As you can see Bitcoin has been trading with its daily close keeping within a range (Pink Lines) since mid-May. On top of that, a bull flag has formed within the range. Once the price breaks out of the bull flag we should see a breakout of the massive range as well, followed by a retest and further uptrend.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.