Bitcoin really is just doing what is always does.
It tries to rally goes sideways and eventually breaks to the downside.
Then it goes sideways for a period of time called re-accumulation before ripping higher.
Like this:
(Source: https://x.com/nestayxbt/status/1821551381016129988/photo/1)
We saw this pattern in 2020 and again in 2023.
There has probably been a lot more of these if you really dive into the shorter time frames.
Either way, the stage is now set for a big move later this year.