Bitcoin enters 2-day Gaussian channel, 3 months of sideways?Bitcoin all time history indexINDEX:BTCUSDwithout_worriesBitcoin has officially entered the 2-day Gaussian Channel, a technical event that has historically coincided with prolonged sideways price action. Looking left, past instances suggest this phase can last several months, often frustrating both bulls and bears before a clear trend emerges. Key Observations Price is currently trading inside the 2D Gaussian channel. Historically, this has led to ranging/sideways price behaviour rather than immediate trend continuation. The sideways trading range can take up to 90 (red circles), meaning the end of November before a meaningful direction change in price action. Potential Scenarios Bullish Case – Price action has not yet confirmed the sideways trading period. A 2 day candle must close on or above $114k by August 31st. Bearish Case – failure to close above $114k by August 31st would confirm the sideways trading period. Furthermore it would confirm the end of the Bitcoin bull market, the technical cycle ends now in 30 days. The end of the bull market?! Unless you think this time is different, every cycle prior has ended in 526 days or less post halving, leaving the market with 30 days until the technical top. That's why whales have been gladly using retail exit liquidity those past few weeks. They have a plan, retail has influencers. Conclusion The entry into the 2-day Gaussian channel signals a likely multi month sideways market for Bitcoin. Patience will be key, traders should prepare for a rangebound environment while positioning for the eventual breakout. Ww ⚠️ Disclaimer: This is not financial advice. For educational purposes only. Do your own research and manage risk appropriately.