Bitcoin (BTC) may be in for several more months of consolidation, according to popular trader and analyst Rekt Capital. Drawing comparisons between BTC's price action this year and in 2023, he suggests that the current lack of BTC price upside should not concern bulls. Rekt Capital points out that Bitcoin tends to form Re-Accumulation Ranges after the Halving, and we've seen a similar range form in this cycle. Meanwhile, other analysts argue that this week’s BTC price correction was long overdue based on previous bull markets. The so-called “re-accumulation phase” is also reflected in miner activity, with a new “capitulation” beginning since the halving cut miners’ per-block subsidy by 50%.