The lack of Bitcoin’s movement is not uncommon recently as price action has been trapped within strict time-frame trading channels. Expect both bull and bear chops, indecisive and frustrating fake outs until support or resistance breaks with strong volumes.
Since April 23, Bitcoin (BTC) has been locked in a lateral range between $91,610 in support and $95,700 in resistance. This range served as a short-term zone of price acceptance, with BTC unable to build momentum beyond either boundary. As long as this structure is maintained, the market will continue to be caught up within it, trading between predictable levels without checking trends.
Important technical points
- Range boundaries: $91,610 (support) and $95,700 (resistance)
- Current structure: Lower time frame integration zone
- Indicators during play: 200 Ma, Control Point (POC), VAH/VAL Level
BTCUSDT (1H) Chart Source: TradingView
Price actions are primarily determined by key volume zones such as Value Erage High (VAH), Value Area Low (VAL), and Control Points (POC). These levels marked the most traded areas within the range and created reliable zones for short-term responses.
Additionally, the 200th period moving average serves as dynamic support and provides temporary relief to buyers during small dips. That level of loss will indicate weakness and will likely begin to spin full into a lower range.
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There are some volatile movements on the daytime charts, but BTC was unable to track meaningful breakouts. The lack of volumes associated with these attempts confirms ongoing scope-bound behavior. From a market structure perspective, assets are still looking for equilibrium, a fair value zone that satisfies both buyers and sellers.
Why is price action moving like this?
This type of chop is typical during the integration period. When prices stick between well-defined support and resistance, it reflects market indecisiveness. Currently there are no powerful basic drivers pushing BTC beyond these levels. Market participants are waiting for confirmation before committing to instructions.
The moment when either aspect of the range destroys volume and conviction, determines the following trends: Until then, we’ve kept our balance and price action is constrained by these local highs and lows.
What to expect from future price action
Traders should be wary of clean breaks at either boundary. A breakout over $95,700 backed by a strong volume makes for a bullish signal, but a loss of $91,610 can cause bearish moves. Until that happens, Bitcoin is looking for the next trend, so it could continue to oscillate within this well-defined, low time frame channel.
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