BTCUSD rejected off the local high point, and is looking like it has moved into the ranging trend pattern (8600-9300). Unless you are day trading, it really doesn't make sense to play anything within this range. If you are interested in derivatives, this range could be useful in offsetting risks from the halving. Given the importance of the next 7 days, I am not surprised that we are ranging however I would have expected a deeper movement. Pick your supports and trade responsibly.
#crypto
#crypto