📊Update!
This is the longest consolidation.
In each cycle, we have noticed a similar pattern where Bitcoin consolidates near all-time highs before entering price discovery.
Of all the consolidations, the current one is the longest.
In 2017, BTC consolidated for 48 days before breaking out.
In 2020, BTC consolidated for 21 days before breaking out
In 2024, BTC is consolidating for the last 87 days and counting.
Once the price breaks out of this consolidation range, we will witness a massive rally.