🚨🔊 Bitcoin To Experience Several Months Of Sideways Price Action Before A Major Breakout?
🤔 As per the latest analysis, the price of Bitcoin could potentially experience several months of sideways movement before experiencing a major price action.
😳 Despite the recent halving, the Bitcoin price has formed a consolidated price action.
👉 Notably, the cryptocurrency market leader is currently displaying a similar trend from Q2 and Q3 of 2023.
😵 Further, other analysts also suggest that the ongoing BTC correction was “long overdue” considering the historic market sentiments.
👉 The historic events also highlight a similar trend during the 2016 bull market.