#BTC

How about this scenario???

Bitcoin has been trading sideways for a week now and doesn't seem to want to break out of it.

Considering the current neutral trading, I allow for the possibility of a small local bounce before the start of another decline. All of this may give people faith in growth, and as a rule, a local bounce or a longer sideways movement acts as bait for building long positions, which are subsequently cut off by further downward impulses, thereby collecting significant liquidity from the market. Therefore, we anticipate a bounce, but the priority is still a further market correction and a drop below $80k.

They are delaying the drop because many were expecting it; the longer people do not receive the expected impulse, the more they start to change their views. Right now, the market sentiment is beginning to shift in a more positive direction, which typically foreshadows further market correction.