It's time to bring out the BTC consolidation breakout chart again. This time the drop only made one V, elegantly drifting around and shaking off a lot of bulls.
In previous consolidations, the maximum was around 250 days, followed by a breakout to new highs. It has now been consolidating at a high level for nearly 180 days, just one step away from breaking the historical high.
According to historical patterns, it will first consolidate around 100K for half a month, break ATH in early June, and then start a new chapter. What is this time's target? 130K or 150K?