Bitcoin up-close: Can rise high, end consolidation for KUCOIN:BTCUSDT by MasterAnanda
It's been 73 days since Bitcoin activated the current trading range. Based on how the market is doing right now we have some really good news, Bitcoin continues to trade above $60,000 after 73 days of sideways action. Six consecutive days Bitcoin closed red within a range from $65,465 vs $62,538—zero volatility basically. The same support and price range from February 2026 continues to be active and we are now half-way through August. The altcoins market is also consolidating the same …
It's been 73 days since Bitcoin activated the current trading range. Based on how the market is doing right now we have some really good news, Bitcoin continues to trade above $60,000 after 73 days of sideways action. Six consecutive days Bitcoin closed red within a range from $65,465 vs $62,538—zero volatility basically. The same support and price range from February 2026 continues to be active and we are now half-way through August. The altcoins market is also consolidating the same bottom range with an interesting change in candles pattern happening in the past few days. Big candles and volatility starting on the smaller projects, it can spread fast. Bullish momentum and action can appear at anytime now because the market has been working on this current zone for so long. This is really good, it was a good period to recover, move forward, meditate and rest. Bitcoin is only now starting to move. Many charts with this same pattern and structure are already turning green in the past three days, this is likely what is coming to the king and queen of Crypto. Thank you for reading. Namaste. DisclaimerThe 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 theTerms of Use.