Bitcoin Trapped in Trading Rectangle, Breakout Levels at $80K and $75K

Fusion Media has analyzed the Bitcoin price action and identified a potential trading rectangle between $76K and $81K.

The analysis suggests that Bitcoin is currently trapped within this range, with prices fluctuating around the lower bound of $76K.

To break out of this range, Bitcoin will need to surpass $81K or fall below $76K. The live breakout levels for both scenarios are shown in the chart provided by Fusion Media.