Bitcoin BTC$93,137.33 has remained between the November low close to $80,000 and the January excessive round $98,000 for 59 days, and is now approaching the roughly 60-day timespan that marked earlier consolidations for the reason that collapse of crypto change FTX marked the cycle backside in 2022.
Take, for instance, April 2025 through the market turmoil associated to President Donald Trump’s tariff insurance policies. Bitcoin bottomed close to $76,000 and held between that stage and $85,000 for about 52 days earlier than breaking out larger.
Earlier, between December 2023 and mid February 2024, bitcoin ranged slightly below $40,000 to round $50,000 for roughly 57 days, coinciding with the debut of U.S. spot bitcoin ETFs. This consolidation resolved with a breakout to new highs in March 2024.
One other comparable part occurred from August by October 2023, when bitcoin traded between $25,000 and $30,000 for round 59 days earlier than climbing larger.
Lastly, following the FTX collapse that marked the prior cycle backside, bitcoin consolidated for roughly 62 days across the $15,000 stage. That vary ended with a breakout in January 2023, signaling the beginning of the brand new market cycle.
Digital Asset Analysis additionally highlighted this “60 day decision,” noting that bitcoin’s post-bottom consolidation ranges usually resolve inside a 60 day window, suggesting that the value “coil” is not merely tightening, however starting to snap.
