D7R

Could Bitcoin be developing into some sort of trading range?

Long
COINBASE:BTCUSD   Bitcoin
It's not clear if we are in a bitcoin distribution trading range as that first violent (AR) drop generated enough volume to imply as such. Here's some levels I'm looking at. As of now near term bias is bullish and my only concern is that futures data been overly bullish as well.

D7R
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.