$BTC My local view on #BTC If Bitcoin continues moving sideways around $80,000, I would consider that a rather positive signal. At such round-number levels, there are always a lot of people looking to take profits. If the market doesn’t move lower and continues holding around $80K per $BTC , it means that someone large is absorbing this selling pressure. After such a period of sideways movement, a corrective move is still possible, as outlined in the first scenario. However, if the selling volume is indeed being absorbed, then the probability of further upside becomes higher in the medium term. My second scenario is exactly what we’re seeing right now - sideways movement without a significant correction, followed by a potential move toward the $83K–$85K area. Right now, it’s important to watch how the market behaves and how it absorbs selling pressure around the $80K level.
