Bitcoin's $60,000-$70,000 range becomes third longest consolidation in history

CoinDesk·

Bitcoin's $60,000-$70,000 range becomes third longest consolidation in history

60-second summary

Bitcoin is currently experiencing its third longest consolidation in history, having spent 307 days within the $60,000-$70,000 range, a period spanning nearly a year. This prolonged stagnation has led to increased volatility expectations, with many analysts predicting a significant price move once the consolidation finally breaks. Market sentiment remains cautious.

Bitcoin has spent 307 days in the $60,000-$70,000 range, the third longest consolidation in any $10,000 price band.