Eldal

Increased Volume - BTC Ready to Move

INDEX:BTCUSD   Bitcoin
We've been in this consolidation range since June (red box). Given the master pattern moves in the last couple days and the near doubled volume, it look to me that bitcoin is ready to trend in one direction or another and get out of this range. On the other hand it could play out as a multi-leg extpansion and just keep widening the range. Either way, things looks like they could loosen up here.

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