🪙 Bitcoin six weeks sideways... Bearish or bullish?#Bitcoin #BTC #BTCUSDT

Let's analyze Bitcoin's recent price action with an objective perspective. We've observed multiple rejections around a key resistance level. Anytime Bitcoin attempts to break above $72,000, it faces strong selling pressure, keeping price action below this mark.

Is this sideways movement indicative of a bearish trend or merely a consolidation before a bullish breakout? Understanding market sentiment and technicals is crucial for informed decisions. 🧐

It's easy to approach the market with a preconceived bias, which can lead to misinterpretations. However, by carefully analyzing the chart and market data, true insights emerge. The necessary information is always available to those who seek it objectively. 🔍📈