Why is it going up? They said it would go down?
Why do you expect a decline when the buyers are still strong?
Okay, let me explain. The last two waves have not yet included the corrective wave we are waiting for; the next wave will continue the task of correcting the previous high impulse. So the wave for further correction has not fully formed yet.
Why is it going up instead?
This seems to still be part of a rebound wave that is still expanding. So, don't rush to say it's going up; indeed, the sentiment is still very bullish, and the market needs time to correct the sentiment first and then correct the price. Just be patient and wait, because we have not yet seen the further correction that is tasked with correcting the price deeper than the lows of 92800.
The nearest retrace potential is 92k-90k.
Psychologically, Bitcoin needs to create room for trading in the price range of 89-95k for next week. So stay optimistic! $BTC