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#Bitcoin confined within range

Bitcoin (INDEX:BTCUSD)  
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INDEX:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Technical Indicators BTCUSD BTCUSDT
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trendanalysis chartpattern indicator btcusd btcusdt
1) BTC has been rejected three times today at $49,750.
2) The support for both the 200D SMA & 50W SMA is $46,400, which BTC bounced off twice yesterday following the dip.

In other words, we are confined within this range for now. Let's see where BTC closes its weekly candle tonight.
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