BTC potentially trading in a previous range

Somewhere between June and November 2022 bitcoin traded more or less in a range ( orange area). Not it entered the range again, hitting and bouncing off the top edge of the range (which is now resistance). It could, therefore, trade again in this range if it cannot break this resistance. If, however, this resistance is broken, then we could see a nice move upwards.

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.