Opinion: Bitcoin's price action has echoed the 2023 setup; holding the top of the range may keep the bullish trend going

October 25: Trader Killa posted that Bitcoin's current price action is highly similar to that of 2023. At the time, after BTC broke out of its trading range and printed a higher weekly high, it did not fall back below the previous high, but instead went on to form a higher low. If a similar pattern plays out this time, BTC may hold the upper edge of the prior range, and price may not fall back to the previous $74,000 low, but instead bottom out and rebound at a higher level; the current trend remains clearly bullish.