BITCOIN price action has established a range! Current price: 61300
Previously BTC continued to find rejection around the 71500 resistance and also established support around the 60600 area. It is fair to state that Bitcoin's established RANGE lies between 60600 - 71500
For alts to rise to better prices, bitcoin needs to remain in this range! Worst case scenario, Bitcoin loses the range and seeks lower supports down to 49,700
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