Probably not the only one that is impatiently waiting at this point for bitcoin to make some kind of move.
It has been a full month that price is basically in a tight 2,000 point range. This is very low volatility for Bitcoin.
Obviously like many times before, bitcoin will make some kind of volatile move follow this docile time. The problem is we really don't know which way it will be.
There are plenty of theories or technical analytical reasons on why it will go one way or the other, but the reality is they are all educated guesses,
But where will it go??? 
If we go down, well 25K is the most logical place based on the chart above.
If we move higher, well 31K needs to be broken and then 34k is the most obvious first upside target.
Either one isn't a huge move and could just be a brief stopping point in within a larger move; assuming we get one.
Larger moves tend to happen after such extended low volatile times, we can see it just looking at the chart,
Ideally, the move is higher otherwise we will be wishing volatility did not come. Let's see what this week brings, if anything.
Posted Using LeoFinance Alpha
What about $28k and then a two months rally towards $40k?
That sounds good to me!
I can certainly relate to the impatience felt by many traders and investors in the crypto market, waiting for Bitcoin to break out of its tight range. Such low volatility can be frustrating, but it often precedes larger moves, as observed in the chart provided. While there are various theories and technical analyses predicting the next move, the reality is that it remains an educated guess.