(11/27, Sun) btc moved sideways on the weekend and closed weak flat

Yesterday(11/26 00:00 - 24:00, UTC+0), bitcoin price recorded its starting as $16524, its lowest as $16343, its highest as $16677, its closing as $16444. Bitcoin rose after the start of Saturday and reached a peak at 01:15, then moved sideways for half a day before falling, reaching a low at 22:30 and ending -0.5% down.

Looking at the 4hr chart, it has been moving sideways in a small section since 11/23, which means that investor's sentiment has declined significantly. And on the daily chart, since the short-term double bottom pattern was shown on 11/22, it seems that it should focus on the decline rather than the rise seeing it has not risen more.

In the macro market, US bonds are rushing to buy thanks to the mention of a change in interest hike stance in the minutes of the FOMC meeting, and expectations for the Santa rally are growing in the stock market as well. In the crypto market, after the FTX bankruptcy, issues with other projects and their coins are experiencing a major decline, and uneasy movements continued. At least, it seems fortunate that the crypto market does not fall further as the stock market rises.