BTCUSDBitcoin / U.S. dollarBITSTAMP:BTCUSDaliarefiasl4147After a sharp sell-off, price has entered a range on the 1-hour timeframe, highlighted by the gray box on the chart. You'll also notice a red horizontal line inside the gray box. This marks the previous swing low, which has been taken out (or "liquidity swept," as many traders call it). Personally, I don't put much weight on these trading buzzwords—I only use the term here so you understand exactly what I mean. Now let's see how the rest of the story unfolds. At the moment, price is still ranging and building liquidity for its next move. We're not trying to predict whether the market will break higher or lower. As I've mentioned in my previous analyses on this channel, we simply wait for a confirmed breakout—whether it comes from the upside or the downside. The direction doesn't matter. What matters is a valid breakout with proper confirmation. Never forget: trading a breakout without confirmation is one of the fastest ways to lose money. Confirmation is our best friend when it comes to securing high-probability, high-reward trades. Wishing you all successful and profitable trading. 🍻