On the weekly chart, Bitcoin is showing a very familiar pattern, but many traders might miss it. At first glance, the price action looks messy and without direction. However, when we zoom out and study the bigger structure, it becomes more meaningful.
Bitcoin usually moves in cycles: strong impulse → consolidation → another impulse → and then exhaustion. The last major upward move showed typical late-cycle behavior — strong expansion, very small pullbacks, and continuous upside momentum. This kind of price action often appears near the end of a cycle, not the beginning.
Now the structure is changing. We are seeing lower highs, price moving inside a tight range, and decreasing volatility. The waves are still there, but they are no longer clean and aggressive like before. From a structural point of view, this looks more like distribution rather than fresh accumulation.
If we compare with previous cycles, $BTC may need more time to reset. This could mean a longer sideways phase or even a deeper correction to clear out weak positions before the next real expansion starts.
For me, I will turn fully bullish again only when Bitcoin shows clear trending behavior — strong impulse moves followed by strong continuation, not hesitation. Until then, patience is more important than prediction.
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