#BTC Unusual Movements Part 2
When I made my quoted post, I was thinking the sideways is because some traders that bought from level $60k trying to make profits by selling it at $65k but after watching it for 8 hours straight it's seem the massive selling of BTC is made by miners selling theirs stocks at discounted price to get cash just like happened before at $63k level
Also by looking at the price range that is not too far from 64800 to 65400 while most trade is made from 64900 to 65300 also make me think this is not BULLISH TRAP because its not enough for making good profits
Just because of this sideways meme coins in my watch list which is #BOME #FLOKI #PEPE #SHIBA also got little corrections in price
My suggestion to anyone who are trying to make entry in this sideways moment need to wait for a confirmed signal but I still believe BTC will trying to move up to breakthrough March'2024 ATH which is at $73k
As always DYOR
PS :
I made all my posts solely for sharing my analysis but as you know making analysis also need time, data and for that I will really appreciate it if you can share, like my posts if my posts benefiting you
God bless
LIVESeem my prediction which you can see in my quoted post is right again
As facing weekend I think BTC movements will likely moving around $64-65k range, at worst to $63k as the new support level above $60-61k level and as always meme coins in my watch list #BOME #FLOKI #PEPE #SHIBA will also in sideways
Maybe some of you have question, will BTC going down to $60k again ?
My answer is almost impossible if there is no global accidents that can affectingly global economic around the world since mining costs has been doable and miners need more cash to adjust their operational costs (you can check my other post about mining cost)
So the chance to get in on the lowest price like before halving will likely not happened anymore, you and me had missing that chance
Now is the time to adjust our target and get lowest price as possible by benefiting BTC sideways that in my opinion will happen until monday
As for how far BTC can go up, I think it will try to breakthrough March'2024 ATH which is at $73k
As always DYOR
God bless