With no real concerns in sight, the Bitcoin (BTC) price continues in its current sideways accumulation phase. All the while, tailwind after tailwind adds its momentum to a potential breakout.
Eleventh week of sideways price action
It may still take a while, but the Bitcoin price is coiling up, ready to break free of its shackles once again. After bursting out of the 8-month long bull flag in mid-October of last year, the period needed to absorb the resulting parabolic price rise was not going to be a short one.
Therefore, here we are, in the eleventh week of sideways price action, with Bitcoin jauntily tracking along in the middle of the sideways range, waiting for the time when the bulls have the confidence to make that decisive push to the next stage of the bull market.
Tailwinds are building
All the while, the tailwinds are building. Fresh on the heels of an announcement by the board of the Czech central bank that it was looking into the possibility of adding Bitcoin
We współpracy z: https://cryptodaily.co.uk/2025/02/bitcoin-btc-accumulation-continues-tailwinds-building-momentum
