From a weekly perspective, Bitcoin's current trend is very similar to the trend at the end of January 2022.
1. Both are double top patterns.
2. The candlesticks have both broken the bull-bear dividing line MA60, and are in a suspended state between MA120 and MA60.
3. The MACD indicator has both dropped below the zero line.
Therefore, in the coming month, BTC will continue to experience a sideways market, with a fluctuation range of 80000—100000. If it can hold the previous low of 80000 during a second retest in the next week or two, it will repeatedly attempt to challenge the 100000 mark.
