Renowned analyst Yoddha has recently shared compelling insights that have captured the crypto community's attention. In a recent analysis, Yoddha highlighted an intriguing pattern in Bitcoin's current trading behavior. Despite experiencing two consecutive bearish weekly closes, Bitcoin remains resilient, trading at a consistent price level.

Yoddha's analysis suggests that this stability phase might be the calm before the storm. He identified a bullish pennant formation, a technical pattern that typically signals a potential breakout. According to Yoddha, this bullish pennant indicates that Bitcoin could soon shatter its current price ceiling, propelling it toward a new all-time high (ATH).

Anup Dhungana notes the total crypto market cap is coiling, indicating the end of consolidation and a big move ahead.