Currently, BTC is sitting at the previous range high, where it is situated around $21800 where right now price is either hold or back to the range formation. Hence, the price right now is extremely crucial. Ideally speaking, this place offers great risk:reward when it comes to longing. Thus, if the price failed to hold here, we should expect the price of BTC back into the range. If let's say it made a huge deviation above the range high, the range to play with is $21800 (range high), $17500 (range low).
Chart PatternsTrend Analysis

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