BTC Price has now been stuck in this range for almost two months. Historically, whenever Bitcoin ranges for this long, a large move tends to follow. The last three times this happened, it took 64–79 days for a breakout, followed by at least a 14% move. If this time plays out similarly, we should see a breakout within the next two weeks. Given the current market structure, a move to the downside is favored. A breakdown would likely bring price down to at least $53k.(Max Trades)