BTC daily close not positive, during this weekend I do not expect particular volatility, probably the price will consolidate for some time before the next movement. But what we are seeing is a negative PA conformation, which could affect the short-term scenario. As we saw yesterday, the market is following a trend of small pumps with subsequent distribution phases. It is also worth considering, as can be seen from the orderbooks of the most popular exs, the massive presence of ask orders above 100k.
This leads us to believe that for a period of time that could be at least a few weeks, all breakouts will be false and the price will be made to oscillate in a range. $BTC
In fact, what I expect in the medium term remains ranging, without real breakouts either upwards or downwards. No berish scenario, until BTC breaks 90k downwards on the weekly.
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