Bitcoin (BTC) rallied to $65,000 over the weekend (Aug. 24 to Aug. 25), extending the three-week recovery from the Aug. 5 crash to $49,500. With prices returning to many investors’ comfort zones, traders are probably wondering whether to expect more of the same range trading, consolidation or a range expansion to new highs. Let’s look at a few Bitcoin price data points to see if it’s time for BTC to break out of its current range. DXY falls to a year-to-date lowThe interplay between the US dollar Index (DXY) and BTC is a frequent indicator traders watch when estimating where Bitcoin price migh…