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BTC/USD It is still consolidating in its sideways range. As | Crypto Signals ©

BTC/USD

It is still consolidating in its sideways range. As mentioned in yesterday's post, this type of consolidation usually ends up in a big move.
If we see a swift move up, I would like to see some of that liquidity taken out below, followed by a quick recovery.
As explained on Twitter, after a big move down, price does like to fill these gaps in inefficiency.
The bearish scenario is if last weeks low gets broken and we close below, this will indicate further downside in the marker