#Bitcoin is experiencing its longest period of consolidation in 92 days, and analysts believe this prolonged stability could set BTC up for a "major upside rally."
“In general, the longer a consolidation lasts, the greater the expansion thereafter,” noted famous trader Daan Crypto Trades in a June 11 X post.
“Once the price breaks out of this consolidation range, we will witness a major upward rally,” analyst Mag said, noting that previous cycles have seen shorter periods of consolidation leading to all-time highs.
