Bitcoin is trading in the range of $30,000 - $40,000 with huge wicks on both sides. Bitcoin is in the range for almost two months. The lower point of the trading range is $30,000-$31,000. The midpoint of the range is $35,000-$36,000 and the upper point of the range is $40,000-$41,000. A daily candle that closes below $31,000 is bearish and will bring more dump. BTC needs to break and hold above $36,000 to turn bullish and go towards the upper band of the range.
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