Forex market opening and its impact on BitcoinBitcoin / U.S. dollarBITSTAMP:BTCUSDPouyanFaAs we mentioned in our analysis, Bitcoin had entered a range, and we said that we could trade inside it using the range strategy. We also noted that whichever side the range breaks, the price would encounter one of the zones marked with yellow circles, and we should be careful about fakeouts and a possible return into the channel. Now the price has reached that zone, and at the moment it’s not suitable for a short position until we get strong confirmation. My personal opinion is that the price will go up and then return back into the range. ✅