Its nice to see a few days of green strung along by bitcoin, but this price action doesn't really change much.
Rangebound still...
Looking at the daily chart above you can see we are still in the 2+ month range.
The good news is we are back at the top end of it, the only time price was higher was on that pivot high right around the time the ETF approval was announced.
Price really needs to establish above 48K to confirm any kind of bull breakout.
Bitcoin is atleast in striking distance with the latest grind higher.
Halving is only a couple months away, things should be interesting over the short-term.
Posted Using InLeo Alpha