Bitcoin price range trading tends to take place when the value of an asset continuously trades between a high and a low price. These highs and lows act as resistance and support, respectively. The pattern that occurs most commonly is formed when the price trades in the range is the horizontal channel. In order to move the price outside of this trading range, it is required to build momentum. The value of an asset when rise above the range’s resistance, there occurs a breakout. Whereas, a breakdown takes place when the opposite happens. Mostly, breakdown/breakout’s strength is correlated positively with
