For the current picture to change, BTCUSD needs to step out of its familiar trading range. However, there are no any catalysts at the moment to boost the coin in either direction. The longer the pair remains in the limited range, the more aggressive could be its reaction to fresh industry news and incentives down the road.
In the , BTC sentiment has improved since slate-June. But the impetus is not enough to challenge the mentioned resistance. On the other hand, technicals could push the price north should the digital currency stay afloat above the $6,300 region in the coming days. Only above $6,800 we can call a bottom and target $7,800 in the medium term.