COINOTAG recommends • Exchange signup |
💹 Trade with pro tools |
Fast execution, robust charts, clean risk controls. |
👉 Open account → |
COINOTAG recommends • Exchange signup |
🚀 Smooth orders, clear control |
Advanced order types and market depth in one view. |
👉 Create account → |
COINOTAG recommends • Exchange signup |
📈 Clarity in volatile markets |
Plan entries & exits, manage positions with discipline. |
👉 Sign up → |
COINOTAG recommends • Exchange signup |
⚡ Speed, depth, reliability |
Execute confidently when timing matters. |
👉 Open account → |
COINOTAG recommends • Exchange signup |
🧭 A focused workflow for traders |
Alerts, watchlists, and a repeatable process. |
👉 Get started → |
COINOTAG recommends • Exchange signup |
✅ Data‑driven decisions |
Focus on process—not noise. |
👉 Sign up → |
- Bitcoin’s ongoing consolidation phase is one of the longest in its history, raising the prospect of a significant price rebound.
- Historical data suggests that Bitcoin could soon break out of this consolidation phase and reach new highs of $70,000.
- Despite the current climate of fear, uncertainty, and doubt (FUD), the likelihood of a Bitcoin price bounce is increasing.
As Bitcoin’s price consolidation phase extends, experts predict a potential breakout that could see the cryptocurrency reach new highs.
Bitcoin’s Lengthy Consolidation Phase
Bitcoin’s price has been in a consolidation phase for over 50 days, one of the longest in its history. Despite a recent dip below $61,000, the cryptocurrency has shown signs of recovery, climbing 2% in the last 24 hours and returning to the $63,000 level. Bitcoin has predominantly traded within the range of $61,000 to $64,000, but data suggests that it may be on the verge of breaking out of this consolidation phase.
Historical Data Indicates Potential Breakout
Crypto analyst Rekt Capital notes that the ongoing retracement in the crypto market has surpassed previous records. With a decline of -23.6%, it has now become the deepest pullback, overtaking the -22.9% retracement observed in early 2023. This retracement has also become one of the longest in this cycle, lasting for nearly 50 days. The data indicates that Bitcoin’s current pullback has exceeded the depths of any previous retracement in this cycle, marking a significant shift in market dynamics.
Bitcoin Price Predicted to Reach $70,000
The longest pullback cycle has lasted for 63 days, suggesting that the Bitcoin price retracement is likely about to end. If the Bitcoin price manages to break through $64,000, we could soon see the levels of $70,000, and new all-time highs beyond that. According to an analysis from Rekt Capital, Bitcoin’s consolidation within its current price range, extending up to $70,000 post-Halving, could signal a deceleration of the cycle. This consolidation phase might contribute to a resynchronization with Bitcoin’s regular Halving Cycle, historically characterized by recurring patterns.
COINOTAG recommends • Professional traders group |
💎 Join a professional trading community |
Work with senior traders, research‑backed setups, and risk‑first frameworks. |
👉 Join the group → |
COINOTAG recommends • Professional traders group |
📊 Transparent performance, real process |
Spot strategies with documented months of triple‑digit runs during strong trends; futures plans use defined R:R and sizing. |
👉 Get access → |
COINOTAG recommends • Professional traders group |
🧭 Research → Plan → Execute |
Daily levels, watchlists, and post‑trade reviews to build consistency. |
👉 Join now → |
COINOTAG recommends • Professional traders group |
🛡️ Risk comes first |
Sizing methods, invalidation rules, and R‑multiples baked into every plan. |
👉 Start today → |
COINOTAG recommends • Professional traders group |
🧠 Learn the “why” behind each trade |
Live breakdowns, playbooks, and framework‑first education. |
👉 Join the group → |
COINOTAG recommends • Professional traders group |
🚀 Insider • APEX • INNER CIRCLE |
Choose the depth you need—tools, coaching, and member rooms. |
👉 Explore tiers → |
Conclusion
Despite the current climate of fear, uncertainty, and doubt (FUD), the likelihood of a Bitcoin price bounce is increasing. On-chain data provider Santiment suggests that the overly bearish sentiment in the market increases the likelihood of a bounce. Amidst elevated uncertainty, the departure of small wallets from the sector could potentially serve as the catalyst for Bitcoin and numerous altcoins to undergo gradual recoveries in the lead-up to summer.
COINOTAG recommends • Members‑only research |
📌 Curated setups, clearly explained |
Entry, invalidation, targets, and R:R defined before execution. |
👉 Get access → |
COINOTAG recommends • Members‑only research |
🧠 Data‑led decision making |
Technical + flow + context synthesized into actionable plans. |
👉 Join now → |
COINOTAG recommends • Members‑only research |
🧱 Consistency over hype |
Repeatable rules, realistic expectations, and a calmer mindset. |
👉 Get access → |
COINOTAG recommends • Members‑only research |
🕒 Patience is an edge |
Wait for confirmation and manage risk with checklists. |
👉 Join now → |
COINOTAG recommends • Members‑only research |
💼 Professional mentorship |
Guidance from seasoned traders and structured feedback loops. |
👉 Get access → |
COINOTAG recommends • Members‑only research |
🧮 Track • Review • Improve |
Documented PnL tracking and post‑mortems to accelerate learning. |
👉 Join now → |