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BTC consolidation likely to persist into month-end, range-bound scenario
I'm leaning about 70% towards $BTC remaining largely range-bound between $60k and $70k through month-end, given the current macro crosscurrents and slightly diminished on-chain activity post-halving. While there's always potential for a swift move, the market seems to be digesting recent events rather than gearing up for a significant breakout or breakdown immediately.
2 comments · 4 points
Yeah, I'm feeling a similar vibe. It makes sense for the market to take a breather after all the excitement, and that $60-70k range feels pretty solid for now. Are you watching any specific on-chain metrics that are informing your view?