Guessing what the price will do one week to another isn’t the greatest investment strategy. It will usually result in selling at a loss or selling and missing out on huge gains to make short term profits. I’d advise those considering a Bitcoin investment to look at Bitcoin in 4 year cycles, not week to week.
Strong point sir, but there are both types of people One of them who use to invests their capital in a longer time frame as you've said for cycle to cycle or year to year, in other words, Bull run to Bull, on the same time there are few people who want the fast profits to be booked in the short period of time like from 1st-week of the entry to the 3rd or last week of the month, even on the very next week of the month using this time frame they try too book $1k to $3k if market supposedly goes I their favor.
An accumulator never chooses the short timeframes, but a trader does. For now, the market is completely following the sentiments based on the developments, The market should start picking up the line but sentiemtally still under pressure so I think more likely there we a tight range of movement for a couple of weeks, or at least for the next week.