$BTC
The calm before the news.
Currently, the market is in a consolidation phase, which is also the reason why trading has been painful for everyone recently; wick reversals and V-shaped recoveries are everywhere.
From a structural perspective:
The overall trend is still downward. Looking from the 124 high until now, the market has gone through a cycle of decline—sideways—decline—sideways.
Right now, the market is in a sideways phase. You can see that this consolidation is still forming a bearish flag pattern, quite similar to the last sideways structure.
With the FOMC meeting coming up, be a
The calm before the news.
Currently, the market is in a consolidation phase, which is also the reason why trading has been painful for everyone recently; wick reversals and V-shaped recoveries are everywhere.
From a structural perspective:
The overall trend is still downward. Looking from the 124 high until now, the market has gone through a cycle of decline—sideways—decline—sideways.
Right now, the market is in a sideways phase. You can see that this consolidation is still forming a bearish flag pattern, quite similar to the last sideways structure.
With the FOMC meeting coming up, be a
BTC2.46%
















