Technical analysis by AustinMonty21 about Symbol BTC on 5/8/2023

bitcoin range i dont typically trade ranges but how beautiful on a daily we have a range im using the 12hr because the price action is clear on zone since price goes up or down i believe this is a relevant zone so price should either reverse or continue i personally would wait for a 12 hour candle close and wait for a lower timeframe bos for reversal or if we continue you can expect a reaction off this zone to downside also market is a lot of times manipulative this giving stop hunts so another potential is fakeout to downside taking stop losses of early entries to upside and enters for breakout traders then reverses finally tradings like a box of chocolates.... you know the rest :)