Bitcoin has traded in a tight range for nearly 50 days – but this is not a "bear flag"

Extended range-bound price action signals structural consolidation rather than a textbook bearish continuation, despite rising downside risks. What to know : Bitcoin's has been locked in a choppy back-and-forth trading range for nearly 50 days. Some are referring to the directionless price action as "bear flag" – a bearish technical analysis pattern that deepens sell-offs. But that's not the case. 2026 is not 2022, with stronger support built between $50,000 and $70,000 and significant accumulation underpinning the current range.