The weekly chart depicted a distinct pattern of higher lows forming subsequent to each correction, thereby confirming the prevailing long-term trend, which had been in the market’s favor for several months. All the retracements invariably did not disturb the foundational order.
The marked regions on the graph were the places where the price temporarily touched the lower levels, and then the demand returned. In every instance, the selling pressure diminished at a rapid rate, and the buyers were able to capture the market again. The analyst described these zones as spring points where downside momentum was exhausted and trend continuation followed.
Bitcoin is now trading within a region that closely mirrors those prior higher low formations. Price action has compressed rather than accelerated, a pattern the analyst described as familiar within the broader weekly framework. This behavior suggests stability within the trend rather than a shift in direction.