#BTC    Bitcoin has been consolidating inside this ReAccum | Eternel insatisfait on Binance Square

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Eternel insatisfait

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#BTC    
Bitcoin has been consolidating inside this ReAccumulation Range for three months now
And history suggests this could still go on for three months more
It shouldn't be surprising therefore if price rejects from the Range High Resistance
$BTC #Crypto #Bitcoin   

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#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

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#BTC The fact that the ~$70,000 resistance couldn't reject Bitcoin too much just shows how it is weakening as a point of rejection $BTC #Crypto #Bitcoin

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