BTC Range from a Premium & Discount PerspectiveBitcoin has been known to be in range, and we can use tools to analyze it's price action:
1. Trendline Tops & Bottoms as Support & Resistance
2. Trendline Channel
3. Premium & Discount Range
For Premium & Discount Range, configure the Fib into 0.25, 0.5 and 0.75. These levels act as Intermediate Support & Resistances.
Here, I do not use Fibonacci retracements, but could easily view my chart in a clear manner. We will have to see how price reacts around these channel and ranges to understand it's movements.
Hope it helps, follow if you like more chart analysis.
Thanks!