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@thescalpingpro

#Bitcoin is making its third attempt to breakout above the mid range.

Price has been consolidating below the mid-range for the past 9 weeks as it got rejected from $48900 (0.618 fib level)

Price has already made several attempts to break out above the mid range but failed to close above it.

A Weekly close above $44,300 will confirm this range breakout, a close back inside the range will lead to continuation of choppy sideways PA for a few more weeks..

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February 08, 2024 at 5:19 PM
Twitter@thescalpingpro|17:03 PM - Feb 8, 2024
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