Bitcoin (BTC) is currently in its longest consolidation period, lasting 92 days and counting. Analysts suggest this could be a precursor to a significant upside rally. The current consolidation period is the longest in Bitcoin's history, and once it breaks, a massive rally is expected. In previous cycles, even shorter consolidation periods led to new all-time highs. For instance, a 21-day consolidation period after the 2020 Bitcoin halving led to an all-time high of $69,000 in November 2021. Bitcoin is currently trading at $67,413, and some analysts predict the consolidation could extend until September or October.