Back then, bitcoin saw a 140-day period with prices in the $6,000-$7,000 range before a final selling climax down towards $3,000, with prices residing in that area for another 120 days. “Similar tendencies are evident today,” noted Arcane, “with prices having ranged in the lower $20,000 area for 70 days.”
Bitcoin (BTC) Price Is In a ‘Bore to Death’ Phase. When Will the BTC Rally Resume?
The current period resembles the action from April through September of 2023 when bitcoin was stuck in the $25,000-$30,000 range...