Good afternoon, brothers. A new week has begun. Last week's decline finally calmed everyone down. The fantasists are gone, and the giant babies have disappeared. Those who shouted at everyone to buy altcoins during the rise are also gone! Since no one is recharging their beliefs, I will objectively analyze for everyone: Bitcoin is currently in a weekly sideways consolidation. Why is it consolidating? To wash out the weak hands and prepare for a subsequent rally. It is unlikely to see new highs this year, but breaking previous highs next year is not a big issue! This is the last weekly level consolidation before Trump took office, and it is likely the last consolidation. The lower support levels are 9 and 8.5, which are two major support levels. Those who like to play segments can enter spot trades in batches at this position. You won't lose at this level, but when to sell is up to you! I might short-term trade some Bitcoin spot at these two levels!
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