Bitcoin's been stuck in what traders call a consolidation zone, a pattern established back in November. Based on historical price cycles, this sideways action could persist into January if the pattern holds. The silver lining? These compressed trading ranges typically precede significant directional moves. Once the breakout happens, the rebounds can be substantial. It's the waiting game that tests patience, but the structure suggests the downside compression is setting up for the next leg up.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
8 Likes
Reward
8
7
Repost
Share
Comment
0/400
MidnightSeller
· 8h ago
Talking about consolidation again, I've been hearing this term for a year.
View OriginalReply0
LuckyBearDrawer
· 8h ago
Wait, wait, again with consolidation? I'm tired of hearing it. Every time they say after compression it will go up, but what actually happens...
View OriginalReply0
BearMarketSurvivor
· 8h ago
Let's wait until the break happens; right now, it's just torture.
View OriginalReply0
GasFeeCry
· 8h ago
Waiting for the breakout? Bro, how long have we been waiting... Since November, it's been consolidating, and I'm about to wait until I go numb.
View OriginalReply0
MEVEye
· 8h ago
Waiting for the breakout? I think I still have to wait another two months. Patience is definitely not my thing.
View OriginalReply0
DataChief
· 8h ago
Waiting for a breakdown, this market is really frustrating.
View OriginalReply0
SandwichTrader
· 8h ago
Will it really surge that strongly at the moment of breaking the support?
Bitcoin's been stuck in what traders call a consolidation zone, a pattern established back in November. Based on historical price cycles, this sideways action could persist into January if the pattern holds. The silver lining? These compressed trading ranges typically precede significant directional moves. Once the breakout happens, the rebounds can be substantial. It's the waiting game that tests patience, but the structure suggests the downside compression is setting up for the next leg up.