Top of range to confirm break out would be a Break out and full body close above the 53K range would be Bullish I would then wait for a retest of support and breakout before entering for further upside.
Bottom of range to confirm a hard down trend we would be looking for a break through the 40k Support and full body close below. I would then wait for a retest of resistance and confirmation of further downside before taking a possible consolidation of my portfolio and new lower buy zones.
BTC is currently in a 2 to 1 ratio of a win to lose ratio. This means BTC has 2 times more reward than loss.
The Major Resistance zones and Major support zones of the overall market are marked and are looking good.