BTC/USD
Since breaking $26,300, the price has remained range-bound. The top, middle, and bottom of the channel car have all been respected. I would expect to get a breakout soon out of this range. Within this range, we must be aware of potential swing failure patterns at both boundaries.
To confirm a breakout, we want to se a clear break above or below this range, even better if these levels get retested as support or resistance.
With the price hovering mid-range, I remain neutral with a slight bullish bias unless we lose $27700 support.
Important! The VWAP pulled from last month's swing low is approaching the $26300 support.
This is another confluence of support if price decides to test the bottom of the range
