The market is very quiet before every sharp rise or fall in the trend.


This week, after Bitcoin's price hit a high of 79.4k, it has been consolidating, which can also be called a phase of accumulation.
60k will definitely not be the bottom of this bear market; do not be fooled by the current price illusion into thinking the bull market is returning.
I don't guess the top or the bottom; at this stage, the market needs a correction, and there won't be a continuous upward trend or a downward trend.
It's already Friday, and I don't expect the price to break below 70k this week; only next week will tell.
Honestly, the longer this position consolidates, the more chips the bulls will attract, and when the time comes, the liquidation strength will be evident...
BTC0,71%
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