Big Bitcoin ($BTC) has been sideways on the daily chart for nearly 60 days. So, will it break upward past 76,000 next, or drop below 60,000? Looking at the weekly chart, even if it goes up, it’s just a rebound—the Ant Channel is still in a downtrend. On the daily chart, it’s in weak sideways movement, with the probability of a drop being higher than a rise, because it failed to hold above the 0.382 level last time. The 4-hour chart is equally weak; from a technical perspective, there’s really no sign of an upward move. Unless there’s some major positive news or policy support, any rise would only be a short-term rebound. So, rebounds are just part of the process—downward movement is the main theme. A new low is coming; it’s only a matter of time. Let’s wait and see!