Bitcoin (CRYPTO: BTC) has cracked $73,000 but remains trapped within a broader range, leaving traders divided on whether the next major move will be higher or lower.

BTC Remains Stuck

According to prominent analyst Trader Mayne, Bitcoin is currently “diddling in the middle” of its range after sweeping liquidity at the lows and bouncing back toward the midpoint.

The key level to watch is $70,000, which roughly aligns with Monday’s high. If Bitcoin holds this level and reclaims the range high, momentum could build for a potential push toward $80,000.

However, the setup remains uncertain.

Bitcoin is currently trading around a key Fibonacci retracement level, where price often faces rejection.

Benzinga