Bitcoin is sitting at a decisive inflection point. After losing key support and pressing into range extremes, the market now faces a clear binary outcome: reclaim the range highs and shift momentum back to the upside, or fail and extend toward new weekly lows. The next move from here will likely set the tone for Bitcoin’s short-term direction. Bitcoin Tests Range Extremes Currently, Bitcoin is navigating a period of high tension as it tests its range extremes, a phase that analyst Lennaert Snyder notes can feel intimidating for many traders
source: https://www.newsbtc.com/news/bitcoin/range-high-reclaim-or-weekly-lows-bitcoin-at-a-critical-crossroads/