Technical analysis by MoneyButton about Symbol BTC on 2/7/2024

Bitcoin remains within a narrow range, with the lower limit at 42,300-42,200 and the upper limit at 43,100-43,300. The broader range observed since late January is 42,000-41,700 at the bottom and 43,700-44,000 at the top, as forecasted last week.As Bitcoin struggles to secure a position above $43K for two consecutive days, altcoins are performing moderately. Notable performers include Pendle, ENS, with OP experiencing slight growth.Anticipating significant altcoin changes after Bitcoin cements itself above $44K.In recent news, Binance announced the delisting of several coins, including XMR and ANT. This reaffirms what was mentioned six months ago - Binance is no longer the exchange that dominated the market and achieved unprecedented success in recent years. Such news is disappointing.Regarding XMR, I'll monitor to see if it holds at $100 or declines further.Today, Microstrategy, the largest Bitcoin holders, will release their report. I expect Bitcoin to remain stable, but any unexpected sales could lead to significant volatility.Solana once again halted its network for several hours today, reminiscent of scheduled pauses like a shawarma stand. Here we go again.