Bitcoin This Week: Still Ranging in Sideways Zone, Nothing Clear Yet

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The crypto market in recent weeks has remained largely unchanged in nature: heavily influenced by macroeconomic and geopolitical news. New headlines appear constantly, and each time, prices react very quickly. This makes technical analysis less effective than usual. Weekly Frame: The Bearish Side Temporarily Holds the Advantage Last week, Bitcoin closed a strong candle around the $71,300 level — previously seen as a positive signal, raising hopes for a move toward $77K–$78K. In reality, the price rose close to $76K but still did not reach the target.

However, notable is that last week’s candle closed back inside the sideways range. This weakens the bullish structure. If the price cannot regain the $71,300 level soon, it’s likely that the sellers still control the market, which could test the range’s bottom.

Daily Frame: Hope Remains for the Buyers On the daily chart, the structure is not entirely bearish. The lows are still gradually rising, and as long as Bitcoin stays above $65K, the buyers are not out of the game.

In other words, the short-term trend still offers opportunities, but it’s not clear enough to enter trades immediately. Trading Strategy: Be Patient and Wait for Clear Signals Currently, the middle of the range is the most “noisy” zone — neither side has a clear advantage. Therefore, a safer approach is to wait for higher-probability setups: Buy when the price breaks above and holds above $71,300 or wait for a correction back to the range’s bottom to find entry opportunities. If the price remains stuck in this zone, it’s best to stay on the sidelines and observe. Conclusion Bitcoin is still in an accumulation phase after forming a bottom around $60K. Until the market clearly breaks out, discipline and patience are more important than trying to trade every wave. This week, the strategy remains unchanged: act only when the market gives clear signals.

BTC3.74%
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