kane on Nostr: Since November 2024, Bitcoin's price has been dancing within two distinct ranges: ...

Since November 2024, Bitcoin's price has been dancing within two distinct ranges:

🏓The Outer Bound: 91 to 109

🏓The Inner Bound: 94.5 and 100

These boundaries signal a clear pattern of support & resistance as BTC has digested prior gains.

Viewing various timeframes helps to see each with a better perspective.