What is the current trend of Bitcoin?
Currently fluctuating,
Resistance level above at 71,000,
Support level below at 66,000,
Trade short near the resistance/support levels at high positions,
Trade long at low positions.
What to do if the price breaks the range?
Stop loss promptly.
Where can a breakout above the resistance level go?
It can reach 75,000. This is the resistance level where the major downtrend begins, so consider going long for a long-term short.
Where can a breakdown below the support level go?
It can drop to 60,000. I believe it won't break below 60,000; there's not enough side
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