Bitcoin - A Way To Trade The Range

BINANCE:BTCUSDT   Bitcoin / TetherUS
Bitcoin's price is in a wide range, from $25,000 to approximately $31,000. We've been trading this range essentially all year, with price first reaching these levels back in March 2023.

At the top of the range, we have a Bearish Order Block, stretching from $29.5K to $31.8K. At the bottom of the range, we have a Demand Zone from $24.8K to $25.8K approximately.

Price has recently tapped into our Demand Zone about six significant times, and we have since moved up to trade above $26K.

Risk of price breakdown exists if Bitcoin is able to trade below 25K , as long as we've above that the simplest and most efficient way to consider the market is bullish at demand, bearish at supply.

I'm currently long from $26.2, looking for price to reach back to the top of the range.

Reconsider bias on breakdown of $25K.

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