Bitcoin investors are concerned as its price shows no signs of the anticipated bullish surge. Crypto analyst CrediBULL Crypto predicts Bitcoin is likely to move sideways before any potential rise, with selling pressure in the spot market keeping prices down. However, signs of absorption at lower levels suggest stabilization may be near.
CrediBULL Crypto expects Bitcoin to experience choppy, sideways movements in the coming days or weeks, acting as a cooling-off period before significant changes. Investors are advised to be patient during this time.
Key price levels have been highlighted by the analyst, suggesting important areas where major shifts could occur.