The price of #Bitcoin has spent most of the week stagnating between US$101,000 and US$104,000, a level that many analysts see as a resistance zone, but others suggest that BTC is simply consolidating within a bullish flag pattern.

A bullish flag is a continuation pattern characterized by a period of sideways price action after a strong upward trend, and when the structure is confirmed or breaks the resistance of the trend line, the upward trend continues.