Now we are once again on a sideways situation where price do able to held up and playing around 20-21k price as of this moment.There's no any signs of being bull or bear run but i wont really be surprised if ever the price will be going down even further but it does have a strong support on 17k area but we know that nothing is assured until we do able to get out with these levels.
The current Bitcoin price range is $18k - $21k, we are experiencing this sideways for several weeks. Yes, it is not clear whether Bitcoin to increase or drop more after this sideways. However, since we are in the bearish season, I assume we probably see more dumps once this sideways ends. I don't see any strong signs for Bitcoin price to increase again significantly. Instead, we have more bad issues that seem to lead Bitcoin to the upcoming dumps. So, I think in the next dumps, $17k may be passed. The Bitcoin price range in the next sideways may be $15k - $18k. IMO
When you are doing scalping then it would really be still a considerable movement for you to make profits and even on swing trading yet small percentage gains would already suffice.
For people who do aim for long term then this is something that wont really be stressing them out. Just on looking on what the market moves and behaves and pertaining about possible bottom
then this is where they do make out some significant decisions in regarding on buying movement.
Sideways to Downhill is something a situation to be that common into this market and it do happen for thousand of times into this crypto space.Get used yourself to it because market
is unpredictable since from the start.There's no way that we could determine on when it would start on moving.