Bitcoin is moving sideways in consolidation, evident as a bull flag in the daily chart. Despite current price stability, BTC remains vulnerable, having dropped 8% from last week's highs.
Technical indicators suggest potential upward movement, but short-term actions are crucial for clarity. The recent flow of stablecoins to exchanges indicates buying interest from Bitcoin whales.
This situation hints at a possible significant price move if current patterns hold and buying pressure gains momentum.
