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Mike On The Move
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$BTC Everyone keeps asking, “Why hasn’t the bear flag dumped yet?”
Because this isn’t a flag.
A real bear flag is tight, quick, and usually resolves within a few weeks with minimal rotation.
What we’re seeing here is completely different.
This is an ascending channel — multiple rotations from low to high, with both sides getting worked.
It’s a slow structure, designed to absorb liquidity over time, not resolve quickly.
Calling it a flag is a misread. People are trading a narrative that doesn’t exist on this timeframe.
And even if it breaks down, don’t expect a fast move.
A structure like this usually unwinds through extended, messy price action.
The bigger picture:
This cycle has been consistently slower than previous ones.
Because this isn’t a flag.
A real bear flag is tight, quick, and usually resolves within a few weeks with minimal rotation.
What we’re seeing here is completely different.
This is an ascending channel — multiple rotations from low to high, with both sides getting worked.
It’s a slow structure, designed to absorb liquidity over time, not resolve quickly.
Calling it a flag is a misread. People are trading a narrative that doesn’t exist on this timeframe.
And even if it breaks down, don’t expect a fast move.
A structure like this usually unwinds through extended, messy price action.
The bigger picture:
This cycle has been consistently slower than previous ones.
