The head and shoulders pattern indicates a potential downward trend for Bitcoin in Q1 2025. According to Peter Brandt, if Bitcoin falls below 90,000 USD, it might decline to 74,100 USD or even 57,600 USD. Conversely, sustaining the neckline supports a rise potentially exceeding 122,000 USD.
For Bitcoin, a bullish flag suggests a phase of sideways consolidation before a potential breakout, as observed in weekly trends by investor Mags. Additionally, the ‘BANANA Zone’ model, described by Raoul Pal, outlines Bitcoin’s Movement in three stages, ultimately leading to significant gains after initial sideways trading and subsequent altcoin growth.