VNCOIN Guide: Bitcoin has traded in a tight range for nearly 50 days – but this is not a “bear flag”

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Tom tat nhanh

  • Traders watching bitcoin’s BTC$69,594.21 nearly 50-day choppy price action through a bearish lens may be getting it wrong.
  • 6, bitcoin has traded largely between $65,000 and $75,000, a period defined less by direction and more by exhaustion.
  • This phase reflects a dynamic where investors are tested not only by sharp drawdowns, but by time, as prolonged sideways action grinds both bulls and bears through repeated false breakouts.
  • Some on social media are calling this a bear flag—a technical pattern representing a minor bounce within a broader downtrend.
  • Bear flags typically recharge bearish momentum, often leading to a deeper sell-off.” As such, they are fearful that this bear flag may deepen the bitcoin downtrend that began in early October after prices peaked at record highs above $126,000.
  • However, they may be wrong as bear flags, as per standard technical analysis theory, are short-lived pauses that last few days and resolve bearishly, extending the downtrend.

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Nguon tham khao: https://www.coindesk.com/markets/2026/03/26/bitcoin-has-traded-in-a-tight-range-for-nearly-50-days-but-this-is-not-a-bear-flag

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