As previous trends , logically.
we had our BTC top 1 year back(69000$). So after one year we can not expect another ATH going to happen. Market need sometime for next momentum. Even other markets too.
If we guess that we can expect next market preparation after next halving ,. Hence , we have exactly 1 year and 5 months.
Clearly can see consolidation area in next year(2023). So definitely we can grab , more buying opportunities rather now.
We had Bull market , Now we are at the end of the bearish momentum. Consolidation area is incoming.
This is my market reading. I know everyone does have different opinions. Lets share
Bitcoin is bearish at the moment, but it is still holding the 18K support although we had touched this support a number of times. It is just a matter of time before this support will be broken and bitcoin may reach 14-15K level.
Bitcoin is behaving exactly as it should be and i am sure the bitcoin bottom for this year will be very near. However, people are excited on the 500 or 100$ bitcoin pump when they should know that in Marco we are bearish and therefore the short trade can be more profitable as compared to the long trades.