Not many people are noticing what is happening on the weekly chart of Bitcoin, but the pattern is becoming clearer.
$BTC tends to move in cycles. It rises strongly (impulse movements), then slows down and retraces (corrections). These movements are not random; they usually follow a repetitive rhythm.
Before the recent highs, Bitcoin was rising in strong waves. The retraces were getting shorter, and the upward movements were getting faster. This is usually a sign that a cycle is approaching its peak.
After that high, the behavior changed. Instead of strong upward impulses, the price began to move sideways with lower highs. This type of action often shows that the market is cooling down, with traders taking profits instead of starting a new major upward trend.
If this pattern continues as in past cycles, Bitcoin may remain in a consolidation phase for some time before undergoing a deeper correction to fully reset the cycle.
A real sign of a new upward phase would be strong and consistent upward movements again — not just small jumps, but sustained momentum.
#WhenWillBTCRebound
$BTC tends to move in cycles. It rises strongly (impulse movements), then slows down and retraces (corrections). These movements are not random; they usually follow a repetitive rhythm.
Before the recent highs, Bitcoin was rising in strong waves. The retraces were getting shorter, and the upward movements were getting faster. This is usually a sign that a cycle is approaching its peak.
After that high, the behavior changed. Instead of strong upward impulses, the price began to move sideways with lower highs. This type of action often shows that the market is cooling down, with traders taking profits instead of starting a new major upward trend.
If this pattern continues as in past cycles, Bitcoin may remain in a consolidation phase for some time before undergoing a deeper correction to fully reset the cycle.
A real sign of a new upward phase would be strong and consistent upward movements again — not just small jumps, but sustained momentum.
#WhenWillBTCRebound