Price has remained range-bound into the inauguration and beyond, as anticipated, increasing the probability of a larger macro range breakout.

Currently $BTC is attempting to find support on its range low AVWAP. A successful hold here would further suggest accumulation within the range, reinforcing the likelihood of an eventual price expansion toward new highs.

A reclaim of key resistance levels and a breakout with expanding volume could confirm the next leg higher for Bitcoin, with $150K+ still firmly in play.
#BTC