Bitcoin's market may remain in a sideways trend for at least 45 days due to a combination of factors, including reduced volatility and uncertainty in macroeconomic conditions. Sideways movement, often called "consolidation," occurs when the price fluctuates within a tight range without a clear upward or downward trend. This phase often reflects a balance between buying and selling pressure, as traders wait for significant news or events to influence the market. The lack of major catalysts, coupled with cautious investor sentiment, can prolong this period. During such times, market participants often focus on accumulation or observe key support and resistance levels for potential breakout opportunities.
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