Bitcoin has been consolidating between $80,000 and $98,000 for 59 days, nearing a 60-day window that has historically triggered price rallies. This marks the fifth such consolidation phase since the FTX collapse in 2022. In previous instances, Bitcoin has consistently broken out of its range after approximately 60 days.
Past examples include a 52-day consolidation in April 2025 during market turmoil related to President Donald Trump's tariff policies, and a 57-day range from December 2023 to February 2024, coinciding with the debut of U.S. spot Bitcoin ETFs. Digital Asset Research notes that these 60-day consolidation periods often resolve with significant price movements, suggesting a potential breakout is imminent.
Bitcoin Approaches Key 60-Day Consolidation Mark, Historically Preceding Rallies
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