What does the "Bart Simpson" pattern returning on the Bitcoin chart in December mean?

The price of Bitcoin (BTC) has once again slipped below the support level of 90,000 USD over the weekend, as increased volatility continues to shape trading conditions in December.

Many traders are pointing to the repeated appearance of the so-called "Bart Simpson" pattern on the Bitcoin price chart. Notably, a pattern seems to be forming that could shape the price action of BTC in the coming days.

The impact and recovery of the "Bart Simpson" pattern in December

The "Bart Simpson" pattern is named after

$ICP .