
Daan Crypto Trades|Jun 18, 2025 07:48
BTC The weekly low was taken out which had a high probability of occurring.
But we're still right in the middle of the current monthly range between 100K-110K.
As mentioned earlier, the total discplacement (low to high) of ~10% is the smallest range we've seen for a month in the past 4 years.
This means that it is still very likely that we will still take out either the monthly low (100K) or monthly high (110K) this month. I would also argue that taking out either of these levels likely causes a larger move in that direction.
But as price is currently right in the middle of everything, I am personally trying to keep my trades to a minimum. Had a good streak the past few weeks and don't want to give that back to the market during the sideways chop.
We'll get clarity and a solid trend forming sooner or later.
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