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The price of Bitcoin (BTC) fell below the $90,000 support level over the weekend, with high volatility continuing to define trading conditions in December.
Many traders point to the frequent appearance of the model called “Bart Simpson” on the Bitcoin price chart. It is worth noting that one of them now seems to be formed, which will probably determine the movement of the price of Bitcoin in the coming days.
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Bart Simpson style: Impact and Recovery in December
The Bart Simpson style is named after the famous character Bart Simpson because of its shape that resembles the character’s hair. It was formed when Bitcoin is moving sharply in one direction, Whether up or down, in no time.
Then the price stops and trades sideways in a certain range. After that, the market quickly moves back towards the first price zone. Although its name is funny, … What this model poses Real challenges for participants in volatile markets.
Several traders documented its spread last month. an analyst shared A chart Three models will appear from December 10 to 12. Other observers have highlighted light In five cases And more From the end of November to the middle of December.
In view of this context, an analyst suggested that Bitcoin can now complete a new BART model. If confirmed, training can follow Another leg higher.
However, the sustainability of the increase does not remain in question. The analyst added that the advance The exit follows Another reflection is the “possible scenario”.
“BART pattern + weekend order books = stop-and-seek hunt-and-seek bingo. My basic argument: both sides are clean before the trend is clear. He said Pavel Laskarzewski Sunday/Monday is less “predictable” and more “liquid event”.
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Liquidity and market mechanisms
Meanwhile, an analyst pointed out that the BART model is not a new phenomenon and has appeared repeatedly throughout the history of Bitcoin trading.
According to the analyst, the formation tends to appear in specific market conditions, in particular When liquidity is weak. He added that these arrangements often coincide with an activity One of the main market participants.
Individual traders began to chase the momentum after sudden price movements. At the same time, stop loss levels become very clear.
“Prices go down while liquidity is low, everyone starts tweeting targets, confidence comes back… and then we go right and it’s back in full. People still argue that it’s ‘organic price discovery’ as they look at a chart that looks like it was drawn with a ruler. Love it or hate it, BART doesn’t fail,” he read. Post .
suggests Other analysts argue that recurring BART patterns often act as short-term volatility traps. These sudden movements of the price can lead to rapid and shaky revolutions, forcing Short-term traders exit positions With the momentum fading fast.
“BART patterns are designed to exhaust traders emotionally. Long-term holders don’t notice these moves.” He added Market monitor.
So, as Bitcoin continues to trade in a reactive environment, the recurring appearance of BART patterns highlights the role of liquidity and market structure in short-term price behavior. While these formations can create sharp moves and quick reversals, analysts point out that they tend to have limited meaning outside of short-term positions.making the trend direction wider It depends on continuous liquidity and participation.
