Bitcoin Range-Bound

Bitcoin is holding a narrow range in between $45K and $48.9K. We are currently establishing value in the mid/upper $40K handle which is a good sign for BTC that it has not considered testing the lower $40K's or upper $30K's again. The longer we hold this range, however, the more likely a breakout will become. We could see support from $43.8K or $41.9K if we break down. Watch that vacuum zone below. If we break out, our next target is $49.7K