BTC Simplified: Bullish above 112K as it deviated and traded back into this range. As long as this holds a move back to the range high is likely. Below 112K it would start looking more sketchy in the short term as we'd then have made a few lower highs and lower lows. It would also break this pattern where price has retaken the range and continued trending up all cycle. So good one to watch.(Daan Crypto Trades)