A ‘Compressed’ Bitcoin Price May Be Building Pressure

[madtrader]

Despite recent weakness, analysts argue that Bitcoin’s current positioning may actually be constructive. According to Eng, BTC is trading below its long-term power-law growth trend, creating what he describes as “compression” — a condition that has historically resolved through upward price movement.

Bitcoin’s power-law model has held with remarkable consistency for more than 15 years, even through bubbles and crashes. Eng believes this compression signals that price must eventually catch up to the growth curve, suggesting that consolidation is not stagnation but a setup for a future relief rally.

[ed]

btc chopping below trend feels boring now but thats usually how it goes before a move