BTC Accumulation comes before expansion. Price has now been trading within this defined range for roughly two and a half weeks, accumulating large amounts of external liquidity on both sides. If you look at the previous range we broke out from, you can see that we saw a short deviation below the range lows, tapping into the downside cluster, before quickly reclaiming the range and explosively expanding to the upside. This is usually exactly how ranges work. Liquidity gets engineered on both sides while market participants continuously get baited into a breakout to either side. That way, breakout buyers/sellers get trapped and essentially used as fuel for the next rejection from these boundaries. My main scenario for how this range is going to play out is another quick deviation below the lows, followed by a push into the $90k region. However, a slightly deeper pullback remains possible as well. If that happens, I’d expect it to be a quick wick into the $77k–$75k region that gets bought back up almost immediately before price continues higher again.