This Pattern Suggests Bitcoin May Soon Experience “Max Pain Scenario”

The past few weeks have made it increasingly unclear as to where Bitcoin and the crypto markets are heading next, as BTC has now entered a firm consolidation trend that has led it to trade sideways within the mid-$8,000 region.
One prominent cryptocurrency analyst is now noting that Bitcoin could be on the cusp of entering a “max pain scenario” that leads BTC to firmly trade within an incredibly wide trading range until investors’ interest in the market dries up.
Although this