🔹 Bitcoin is currently in a sideways trend.

🔹 Based on our analysis, I_m expecting the price to pump up to the $27,200 to $27,500 level before declining.

🔹 The market will move up before heading down.

🔹 We have a 200-day moving average at the $27,300 level, which remains untested.

🔹 Additionally, there is a CME gap around $27,500 that needs to be filled.

🔹 Another interesting point is that those who are short on Bitcoin have their stop loss at the $27,000 level.

🔹 The price should move up to liquidate those positions.