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

Seeing loads of charts mentioning the weekly "zig-zag pattern" for [$BTC](https://). Let's call it what it is: sideways consolidation.

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

Apart from simple strains on a chart, what precise knowledge are you using to determine the subsequent path?