BTC 1W Update: Boring is Good, Enjoy the Holidays Bitcoin / U.S. dollarBITSTAMP:BTCUSDOnchainNewsBlogBTC Update: We’re firmly in the boring part of the market right now, and that’s reflected clearly in the price action. Bitcoin is holding up well, but momentum has slowed and volatility has compressed as we move deeper into the holiday period. This is typically when participation dries up, traders step away, and larger institutions go quiet until the new year. Structurally, nothing here looks concerning. BTC remains above major higher timeframe support, and despite the pullback from the highs, price is consolidating rather than breaking down. The recent downside move has transitioned into sideways chop, which suggests the market is digesting prior gains instead of rolling over impulsively. This kind of environment often leads to frustration because nothing seems to happen, but it’s a normal phase in broader uptrends. With liquidity thinning into year end, I wouldn’t be surprised to see some short-term volatility or whipsaw moves, especially as we head into early January when participants return and positioning resets. A brief flush or shakeout is still possible, particularly if the market looks to test lower liquidity pockets before resuming higher. That said, as long as BTC continues to hold these levels and avoid a decisive breakdown, the bigger picture remains intact. Overall, things are holding up well, and this looks more like consolidation within a healthy structure rather than the start of a deeper correction. For now, patience is key. This is the quiet part of the cycle, but these periods often precede the next meaningful move once volume and participation return in the new year.