We are inside a box range.
We dont see any bad fundamentals ahead.
Long term trend is bullish.
ADX is not showing a steep slope.
We saw couple of hammers dojis and a piercing pattern on 5 min charts confirming support.
I see bitcoin, inside an inverted triangle formation, in this monthly chart of a height of 500$ approximately, that can serve us as measuring objectives.
If we see price broke to the upside, it could quickly overcame the 500$ resistance level and make another stop at the 660$ with an ultimate target of 1000$ ...