BTC Short term update

21 thg 5, 2023

BTCUSD Recent Performance:
Stability: BTC has maintained a tight trading range in recent days and weeks.
Volume Reduction: Trading volume has decreased during this phase.
Calmer Volatility: The market has experienced a decrease in volatility.


Anticipated Movement:

Expected Move: We anticipate a potential 10-15% movement in the near future.
Increased Volume: This move is likely to be accompanied by higher trading volumes.
Timing: We expect this shift to occur before the onset of summer.


Observations:

Cautious Approach: We remain vigilant as we consider the possibility of a bear trap.
Noteworthy Situation: If this is indeed a bear trap, it presents an intriguing scenario.
Monitoring Strategies: We continue to closely monitor market dynamics to guide our investment strategies.