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Bitcoin Moves Sideways on Wednesday: Patience More Important Than Predictions
Bitcoin has been sideways for three consecutive weeks and is now entering the fourth week. This is a sensitive price zone, not because it’s “beautiful” for entering a position, but because that very sensitivity makes continuous predictions of peaks and troughs unnecessary, even counterproductive. When the price remains stuck in an important zone for too long without breaking upward, the element of time will start to become a risk. The longer it persists, the higher the chance of a deeper correction, simply because the market does not like prolonged hesitation at major levels. Mid-Term Perspective: Consider This a Sideways Market In the mid-term, there’s no need to complicate things. Just observe that Bitcoin is moving in a range. In this type of market, rushing to “take sides” long or short can easily lead to mistakes. Instead of trying to guess where the price is headed, it’s more reasonable to accept that the market is not yet ready for a clear trend. Long-Term Perspective: Don’t Rush to Bet on a Direction With a long-term view, this is definitely not the time to “bet on a trend.” Large price zones are always accompanied by repetition, consolidation, and testing patience. In this context, waiting for the market to confirm its direction will help keep your psychology much calmer. Slightly lagging behind, but with a higher probability of success. Short-Term Perspective: Pressure Is Still Present Looking at the 4-hour chart, the movement is quite clear: the price is gradually sliding down along two moving averages. Each time it touches the upper zones, long wicks appear, indicating genuine selling pressure at higher levels, not just random. If during the day there isn’t a strong rally enough to break the current structure, the most likely scenario is that the price will continue to seek lower support levels. After a clear reaction at support, a rebound becomes more promising. Conclusion At this stage, the important thing is not to predict whether Bitcoin will go up or down, but to understand what kind of market you are in. Patience, flexibility, and not being driven by emotions will help you maintain the greatest advantage: having capital and psychological readiness to follow the market when a real trend emerges.