$BTC confirms crossing a large price range.

So BTC has pulled back very strongly and is almost unable to break the peak: the main reason for this is the FOMO from the market has been extinguished by Mr. Trump's ceremony.

Currently, we have a peak around 108-109k and a bottom around 89-91k, this pattern is often called a rectangle. The chances of this pattern going up or down are 50:50.

However, the price is above MA99, meaning the uptrend is still present, I lean towards BTC will continue to rise.

The question is when will it rise? When the overall market demand is activated, most commonly seen are economic news such as: FOMC and nonfarm data in February for example.

In general, just wait, if the price drops below 95k, I will buy immediately, otherwise, I will continue to wait.