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This is the longest consolidation
Each cycle, we have noticed a similar pattern where Bitcoin consolidates near the all-time highs before it enters price discovery.
Out of all consolidations, the current one is the longest.
In 2017, BTC consolidated for 48 days before breakout
In 2020, BTC consolidated for 21 days before breakout
In 2024, currently BTC is consolidating for the past 87 days and counting.
Once price breaks out of this consolidation range, we are going to witness a massive upside rally.
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