This week was supposed to be volatile due to the FOMC, but things weren't as volatile as I expected. From the current market conditions, the effect of the news will take a few more days to be reflected in the market. I expect 113k to be raided before we see price get to 118k But in a way I feel the market could prove me wrong and head for 118k next without raiding 113k.
What's your take on the current market situation?
Now the price of Bitcoin has even dropped by more than #113k. Trading volume seems to have increased significantly in one day. I hope your speculation will be accurate enough for the next upward movement after the current price drop. The decline that has occurred is still normal, but let's just wait and see whether the drop will continue below $110k, or conversely, will strengthen soon.