Bitcoin (BTC) has been trading within a range between its November low near $80,000 and its January peak close to $98,000 for 59 days. This duration is nearing the approximate 60-day consolidation periods observed in previous cycles since the crypto exchange FTX’s collapse marked the market bottom in 2022.
For instance, during April 2025 amid market disruptions caused by President Donald Trump’s tariff policies, Bitcoin found support around $76,000. It remained confined between that level and $85,000 for about 52 days before breaking out to higher prices.
Similarly, from December 2023 through mid-February 2024, Bitcoin fluctuated just below $40,000 up to roughly $50,000 over approximately 57 days. This phase coincided with the launch of U.S. spot Bitcoin ETFs and culminated in a breakout leading to new highs by March 2024.
Another analogous period occurred between August and October of 2023 when Bitcoin traded sideways between $25,000 and $30,000 for nearly two months before ascending further.
Following the FTX collapse that defined the previous cycle bottom in early 2023, Bitcoin consolidated around the $15,000 mark for about 62 days. This range ended with a breakout in January of that year signaling a fresh upward market cycle.
Digital Asset Research emphasized this recurring “60-day resolution” pattern as well—highlighting how post-bottom consolidation phases typically resolve within roughly two months. This suggests that instead of merely tightening price action or “coiling,” these periods are reaching their tipping point where momentum begins to accelerate sharply upward.