Absence of correction and also long-lasting settling of bitcoin at the 8600 level, that may tell about potential for further growth of coin’s quotes in direction of the upper ($9171).
At the same time indicator stands at the peak, that may indicate a limited potential.
Local trading range has horizontal mode and don’t exceed $240 (8570-8807, ).
Intraday dynamics also has attributes of sideways trend. stands in a weak zone, therefore a flat within most likely will be continued ($8600-8770).
Flat in the 8600-8770 range.
Short-term trades in the 8600-8770 channel.