Bitcoin (BTCUSD) Hourly

 

Bitcoin is currently confined within a narrow range, and the strategy is to approach it level by level.

The defined ranges are $25,235 - $26,455 and then $26,455 - $27,671. 

The price has touched the mid-level, and now my inclination is to short down to the bottom of the range. This would change if the price surpasses and consolidates above the mid-level.