$BTC
Another reason this structure doesn’t resemble a classic bear flag.
In typical bear flags, the consolidation phase is usually less than 50% of the size of the initial drop (the flagpole).
Most bear flags tend to follow two key characteristics:
1.They usually resolve within 4–5 weeks.
2. The consolidation stays relatively tight compared to the size of the original breakdown.
Neither condition is being respected here.
This structure has now expanded into almost a 1:1 ratio with the original decline, while still rotating within a multi-month ascending channel.
Because of that, any downside breakdown is likely to be a slower, more prolonged process rather than the sharp continuation move normally seen in a traditional bear flag setup.