Let me give you a non-technical point of view...After today, bitcoin will no longer fall, but it will not rise excessively fast and voluminous, that is, it will rise more slowly and cautiously. As for the reason;
1- those who have bitcoins in their hands will not sell. Because this is not a target for them. This means a lack of volume in the market for those who hold bitcoins.
2- Those who want to buy bitcoin are currently finding the price expensive. However, it should not be forgotten that it seemed expensive at $ 15000 in the recent past. For this reason, those who want to buy will wait a while longer and want the market to fall. However, this will not happen and they will give up and then they will make small purchases. This will affect the slower and cautious volume-free exits of bitcoin.
3- The above-mentioned situations will last until the FED's interest rate cut process. And the volumes and momentum that have fallen until that day will now slowly rise and bitcoin will move to go above 3 digits.
4- The first attacks of altcoins will start in the processes I mentioned above. While momentum and volumes will go through the roof in altcoin attacks, they will then make another big surge with bitcoin with the FED's interest rate cuts....
