Or btc is starting to look more like a stablecoin in 30k range, the price seem to be stuck in 30k range for quite a long time now that it's beginning to be very boring. Market looks stagnant, alts are a complete shit at the moment.
About time we either get pass 30k or get way below it for another push, at last it will create a bit of movement.
I think the price above $30K has only lasted for more than two weeks so there is no stablecoin price because currently, bitcoin is still trying to return to the next resistance, I say this will be more of a sideways movement and is still strong enough for the support point below it so that the price continues to hold.
Altcoin is really messed up? I don't see that, precisely when bitcoin is recovering altcoins will follow more of its movements but I think some altcoins still cannot recover properly.
I think bitcoin will pass $30K this month, we will see for the next movement.
This is where situation really hard to predict on whats next. We've been able not to move out or breaking that 31k price ceiling on which on the time that it did raise up on that point, which i did have an impression that
this might be it on the time we would be seeing 35-40k but it seems we would really be needing for more weeks or months on seeing these numbers. We do able to test out this resistance for how many times but turns out that it do really failed out on having that breakout. As of this moment then we are really that playing on this level and sitting and moving sideways which there's no fundamentals around and basing on technicals
we are really that having sideways but there are some upcoming bullish sentiment which it might happen but well this market is truly that unpredictable.
Positioning yourself into the bottom is hard because there are ones who are expecting for 27-28k price.