$BTC Range to watch for the next week(s). Relatively large move early in the month which is something we see a lot. Price roughly at the mid range with the monthly open sitting at $104.6K. I think it's pretty safe to assume that these range high/lows are good triggers for whatever larger trend follows. Below yesterday's lows at ~$100K and I think we'll keep trending down for another 1-2 weeks as that'd really show weakness and confirm a larger correction is due. But if price trades back above the monthly highs, the correction is more likely to be over and there's a good likelihood that we head to all time highs and beyond. Good chance we range around this area for a while though, without any of these levels breaking. So don't get chopped up.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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