I have publicly stated that I expect BTC to drop in price soon, based mainly on an extended period of reduced volume. Perhaps BTC didn’t hear me, because so far it appears to be ignoring my prediction.
Contrary to the medium-term decline in volume, BTC has undergone a short-term volume increase and has now formed a potentially bullish converging triangle pattern. It’s a short-term pattern, so I wouldn’t read too much into it and it doesn’t invalidate any predictions of a medium-term drop, but it does indicate that BTC’s next movement is probably a bullish one.
If BTC does rise a few