Bitcoin Price Stuck in Sideways Trend Amid Intense Buying and Selling Pressure Recent analysis indicates Bitcoin (BTC) is maintaining its sideways trend due to a strong balance between buying and selling forces. According to BRN Research, retail investors have been depositing BTC into exchanges, while larger wallets (over 1000 BTC) have increased. This suggests that while some retail investors may be selling, long-term holders and whales are accumulating, offsetting the selling pressure and keeping the price near the $90,000 mark. Institutional buying isn't strong enough to overcome market-wide leverage unwinding. Macroeconomic Factors Could Trigger Volatility BRN Research Director Timothy Misir suggests that macro events, like the US Federal Reserve's upcoming interest rate decision in December, could significantly impact cryptocurrency volatility and potentially break the current sideways trend. A hawkish stance could increase selling pressure, while a dovish approach might spur further buying. ```