Bitcoin has been stuck in a sideways trend for a week now, and the BTC price clearly doesn't want to move either up or down. Looking at the charts — it's evident that the market is just waiting for something. News about Trump and his statements on crypto policy constantly scare traders, so no one is willing to take serious positions.

Currently, the BTC price is hovering around the 70.5K-71K zone, where sellers are constantly pressuring for a rise. Below that, there's support at 68K, but if it breaks through — it could fall even further. An interesting point: the price bounced off the 0.75 correction level, which previously caused sharp jumps. Now, however, the market feels somewhat sluggish, without a clear direction. Many analysts advise just waiting and not rushing into entries.

There's another point — Bitcoin is approaching an important pivot on the 25th. Statistically, this level has marked a local bottom 75% of the time, which could be a signal. If the price approaches it from below, the chances of a rebound increase. Usually, such pivots lead to movements of 8-9%, so it's worth watching closely.

Currently, the BTC price is near the 200-week moving average. This level used to work well, but in recent weeks, it hasn't been very reliable. If Bitcoin breaks above it and closes above the EMA on the weekly chart — that could be the first serious signal of an exit from this stagnation. For now, I’m just holding my position and waiting for clarity.