BTC We’ve now seen a daily close below the range lows, so a confirmed breakdown, right? Well, that’s what many people also thought when price deviated below the lows of the previous range. However, that’s when BTC pumped roughly 6%, reversing the entire dump and closing the week right back below the highs of that range. In my opinion, it’s therefore crucial to wait for the upcoming weekly close as confirmation here. If we close back above $83k, there’s a decent chance we just keep on expanding higher going into next week and trade back around the highs at $87k soon. But if we close below that level instead, we will likely push lower and potentially even sweep the lows around $75k.