Stop calling it a 'zig-zag,' here's what's really going on

Seeing a whole lot of charts stating the weekly "zig-zag sample" for [$BTC](https://). Let's call it what it's: sideways consolidation.

This isn't some predictive technical signal. It's just worth action in a range-bound market. The info is impartial. There's no robust directional bias proper now, simply the market absorbing supply and ready for a real catalyst. Calling it a pattern doesn't make it one.

In addition to easy strains on a chart, what precise knowledge are you utilizing to determine the subsequent course?