Bitcoin (CRYPTO: BTC) is trading within a range that mirrors past market structures, though the outcome may not follow the same path, according to trader Trader Mayne.
Temporary Bullish, Overall Bearish Bias
In a March 31 podcast, Mayne said Bitcoin could see a short-term relief rally toward $80,000. Still, it maintains an overall bearish bias unless key resistance levels are reclaimed
He emphasized that market sentiment tends to flip incorrectly, bullish at highs and bearish at lows, creating opportunities for traps on both sides.
Despite some signals that could support a temporary …