Bitcoin moving with fundamental news events and the breakout turns to be a fakeout now. Price fully reversed back to the resistance area and rejected again. #BTC back in range, so lets see where the breakout would be.
The problem with market right now since past 4-5 weeks is negligible volumes. We saw great volumes last time in April only, at that time we experienced never before volumes must have been some big accumulation by some whale but if you see after that May and even June till now has low volumes which has made us pretty much range bound. To break the range either ways you'll need some strong volumes.