Bitcoin's Rise and Sideways Movement: A "Squeeze" Hypothesis
Bitcoin's (BTC) sudden increases and subsequent long sideways movements have been a constant topic of discussion for market analysts and investors. Although this situation is usually explained with terms such as "bull run" and "correction", it is possible to look at the event from a different perspective: the compression and sudden release of accumulated energy.
From this perspective, the Bitcoin market can be thought of as the stretching of a spring. Long periods of sideways movement are actually a process of intense energy accumula