📊 Long-Term Bitcoin/Dollar Technical Analysis

When looking at Bitcoin from a long-term perspective, the chart shows a repeating pattern of strong impulses followed by long periods of consolidation. This cycle has appeared many times in Bitcoin’s history, and the current structure looks similar to earlier phases where the market was preparing for its next major move.
📈 Long-Term Trend
The bigger trend of Bitcoin is still upward over the years. Even with deep corrections and volatility, the long-term chart continues to form higher lows from cycle to cycle.
This means that long-term momentum is still alive, but it moves in waves, not in a straight line.
🔄 Current Long-Term Structure
Right now, Bitcoin seems to be in the middle of a cooling phase, where the price slows down after strong gains.
This typically includes:

• Smaller candles
• Weaker volume
• Lower highs on shorter timeframes
• A wide consolidation zone
  These signals don’t show a trend reversal yet — more a pause in the long-term movement.

🔍 My Long-Term Interpretation
From my perspective, Bitcoin is in a phase where the market is trying to “reset energy.” After strong moves in the past, it’s normal for the chart to move sideways or slowly downward before the next long-term decision.
It doesn’t look like a full reversal of the long-term trend — but also not like a strong bull trend yet.
It’s more like a transition period, where the price builds structure for whichever direction comes next.

(This is only my personal analysis and NOT financial advice.)