Is Bitcoin's sideways movement a good or bad sign?

There is currently no end to speculation about the price of Bitcoin. When the price of Bitcoin was close to 20k dollars and gradually increased since then, when the price of Bitcoin exceeded one hundred thousand dollars a few days ago, there was no end of people's hope. Many of us thought that Bitcoin was going to close to $200,000. But after breaking all the records of the past, the price of Bitcoin started to fall and until now the price of Bitcoin is stuck in one place.

Even if we look at the past record, we can see that the price of altcoin has never been down as much as it is currently. Anyway, is bitcoin currently going sideways, a good or bad sign? In general, when an asset sits around for a long time, it usually falls later, but this is not always the case.

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In this case, I think Bitcoin will break out, although it will always depend on the market and the crazy news that has been happening lately. Although there is not much bad news in the market at present, but Donald Trump's tariff war seems to be turning the market upside down. Bitcoin was coming off a decline and holding sideways, which would lead us to believe that this sideways movement is the creation of a floor around 80K. That combined with the resistance at 102K gives us a wide range. If it breaks through 80K, we can move towards 50K.

I don't think that will happen. But if we get a good feel for this position, we can at least anticipate that it will break too far and go through resistance. I see it further in a sideways range until US rates drop again. I don't see it anywhere near as much as the US government would like. But you never know. Since the recession is a quarter over and inflation isn't skyrocketing, it's possible that the Federal Reserve will shed its doubts and take the plunge.