With the entry of BTC EFT into the market, I believe it is wrong to do analysis using data from previous cycles.
MihaiDaniel
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Bitcoin has been holding above $90,000 for more than 80 days, in comparison, in 2021 bitcoin held above $60,000 for less than 40 days and at its peak it was above $67,000 for only 3 days. In this cycle, Bitcoin has exceeded $105,000 12 times. Technically, I don't think it has reached its peak yet. In 2024, the consolidation period lasted 251 days with bitcoin between $50,000 and $70,000, now we are in a consolidation phase of over 80 days!
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