Odaily Planet Daily reports that the current narrow consolidation phase of Bitcoin is similar to the range in April 2025. Since November 21, Bitcoin has been trading between $80,000 and $95,000, which roughly corresponds to the volatility from late February to early April 2025, when Bitcoin consolidated for 52 days before ending with a new rally, ultimately reaching a peak of over $126,000 in October. Traders refer to this situation as “time-driven capitulation,” where prolonged dull price movements lead impatient holders to exit the market. In recent years, as Bitcoin has become more mature as an asset and extreme declines in early cycles have not reoccurred, “time-driven capitulation” has become the norm. (CoinDesk)
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