BTC Testing the Range High — Breakout or Bull Trap?Bitcoin / US DollarCOINBASE:BTCUSDinchartswetrustGood morning, friends! Bitcoin — as expected 🙂 I previously mentioned that the chart looked strong and that we would likely test 70,000. For the signals indicating a breakout, check yesterday’s market review — everything was explained there in detail. At the same time, we need to watch price behavior at current levels carefully, as “the upper boundary of the local trading range is around 72,000 — this is where aggressive selling may begin (similar to how buyers step in near 60,000).” Holding above the current levels for 8–12 hours (ideally with a retest of 70,300–71,000 during this period) would confirm the breakout and open the path toward 78,000–80,000. However, never forget about the bearish scenario — this is crypto after all. If price fails to hold above 72,000 and the breakout turns out to be false, we could see a move back into the range — toward the middle or even the lower boundary. In that case, the market maker essentially sold you the breakout at 71,000–74,000 and will continue re-accumulating in the 60,000–70,000 range. Peace to everyone! 🙏