$BTC is compressing within a clean flag pattern — volatility is gradually decreasing, and the price is consolidating in anticipation of larger movements.
The first week of March appears to be a controlled sideways consolidation, with the range tightening between the ascending support line and the descending resistance line. This is a typical consolidation after intense volatility.
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$BTC is compressing within a clean flag pattern — volatility is gradually decreasing, and the price is consolidating in anticipation of larger movements.
The first week of March appears to be a controlled sideways consolidation, with the range tightening between the ascending support line and the descending resistance line. This is a typical consolidation after intense volatility.