#BTC

We're back here again - but this time things are different

Once again, the rules are that a Weekly Candle Close above ~$71500 would kickstart the breakout from the Re-Accumulation Range

But after an extended ReAccumulation Range of over 200+ days after the Halving, Bitcoin faces a very, very limited prospect of additional consolidation and chances for a confirmed breakout are higher than ever before

In fact, thanks to Bitcoin's 200+ day Post-Halving Re-Accumulation, BTC has impressively reduced the acceleration in the cycle from 260 days to only 13 days

Therefore, BTC is still technically in a slightly accelerated cycle, but that lingering rate of acceleration is nowhere close to what it was back in mid-March 2024 (i.e. 260 days)

As a result, thanks to this extended post-Halving consolidation, BTC has almost completely resynchronised with historical Halving Cycles, which will likely result in a traditionally longer Bull Run

Nonetheless, a Weekly Close above $71500 would confirm a transition away from the ReAccumulation phase (red) into the Parabolic Upside phase (green)

History suggests it is just about time for it

$BTC #Crypto #Bitcoin