$BTC Another reason I don’t view this as a traditional bear flag.
In most bear flag structures, the consolidation phase is usually much smaller than the original breakdown, often around half the size of the flagpole, and they typically resolve within 4–5 weeks.
That’s not really what we’re seeing here.
This structure has evolved into something much larger, with price continuing to rotate inside a broader multi-month ascending channel rather than forming a tight continuation setup.
Because of that, if a larger breakdown eventually happens, it would likely develop more gradually instead of the fast directional move normally associated with classic bear flags.