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#BTC
Let's move on to the update on Bitcoin. With the close of the candle above $70,000, we have come to the green range that I mentioned on the chart. Even if there is pricing above the range, we have not yet seen a candle close on it. I mentioned this situation with its conditions in the other analysis.
I recommend you to be careful as the green range has faced an oversold view in the past pricing. Short traders should be sure to keep an eye out for candle closes below the $71,300-$71,000 range. With the candle close above $72,500 for the rise, we can say that sellers have become passive.