Bitcoin has been stagnant for a week, and it seems the unpredictable politician from the U.S. is to blame. His statements about cryptocurrency policy are causing such a commotion that the market is simply hanging in suspense. Currently, the Bitcoin price hovers around $78K, but that doesn't mean a move will start — quite the opposite, clear uncertainty is visible.



Traders notice that BTC is stuck between support and resistance levels. Sellers are actively pushing down from above, preventing the price from soaring, while buyers hold on at lower levels. Against this backdrop, Bitcoin's price behaves like a pendulum — bouncing off key zones, but with no clear direction. One well-known analyst suggests that it's better to wait for a clear signal rather than jump into trades in such an uncertain market.

An interesting point is that on the 25th, an important price level is expected, which in the past often marked local lows. Looking at the statistics, out of the last eight occurrences, six times it was the bottom, and twice it was the peak. Of course, much depends on which side the price approaches this level from. If BTC is rising — more likely the high, if falling — the low. Usually, such levels generate movements of 8-9%, so this could be an interesting moment.

Currently, Bitcoin's price is testing the 200-week moving average, but confidence in this level as resistance is low — it has not proven itself in recent weeks. The question remains: will this overvaluation turn into support, or will it just remain noise on the chart? For now, the market is waiting for political news and clarity.
BTC-0,55%
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