Bitcoin has continued to maintain bullish momentum despite seeing a small correction after initially hitting $105,000. Its long stay above $100,000 has fueled the narrative that this rally is here to stay and higher prices are on the way. Presently, the price seems to be consolidating before moving upward, a region that crypto analyst Gert van Lagen has referred to as Trend Continuation. Bitcoin Price Is In Trend Continuation In an update analysis posted on X (formerly Twitter), Gert van Lagen posited that the Bitcoin price has, in fact, now entered the Trend Continuation phase of the cycle. This comes after the Building Pre-Tension phase that began at the lows at $$76,000, ending in the impulse move that eventually pushed Bitcoin above $100,000 once again. Related Reading: Analyst Tells Investors To Be Patient As Solana Price Hits Resistance According to the shared chart, the Trend Continuation part of the cycle is when the Bitcoin price continues to explode, moving it all the way to new all-time highs. Gert’s chart shows that the BTC price is still more than 100% aw ..
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