Bull Flag?

in #bitcoin21 hours ago

Bitcoin looks to be consolidating in an uptrend

This pattern can be called a full flag or a bullish consolidation pattern.

We have a move up, followed by several months of consolidation, followed by another surge afterwards.

Looks like this:

image.png

(Source: https://x.com/CryptoCaesarTA/status/1897297019477323780/photo/1)

If this plays out again we could still see a retest of those lows before our move up.

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