Bitcoin is a bit ranged bound and it may be a good thing

I'm sure alot of people were hoping and expecting for some robust volatility out of bitcoin following the halving.

That has not come to be in the month following, save for a few bigger down days, which honestly is fine by me.

The price was definitely stretched when looking at the longer time horizons, such as weekly and monthly, so consolidation isn't a bad thing in my eyes.

Boriiiiinnnngggggg....

Look at that price action, rather quiet but also good because price poked below 60K which had become a level to watch only to rally back above as bitcoin now trades at 65k.

Ideally we see price stay in this range, more so the 60 to 70K range as that will atleast mean the bears have not taken control.

It leaves price in a position to be able to rally to new highs on any bullish push.

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