Bitcoin’s 93-Day Consolidation Around ATH, Is a Market Storm Brewing?

The post Bitcoin’s 93-Day Consolidation Around ATH, Is a Market Storm Brewing? appeared first on Coinpedia Fintech News

Bitcoin’s price has been in a consolidation phase for 93 days, hovering around its all-time highs. This extended period of stability has caught the attention of market analysts and investors alike, prompting speculation about the possibility of a major market move on the horizon. 

Meanwhile, renowned crypto investor Jelle highlighted a critical bullish divergence forming in Bitcoin, right on top of a key support level.

Bitcoin’s journey over the past 93 days has been characterized by remarkable stability. Since reaching its all-time high, the cryptocurrency has maintained a relatively narrow trading range, defying its reputation for wild price swings.