Odaily Planet Daily News According to the technical chart pattern and various indicators, BTC's consolidation may be coming to an end as the price may be on the verge of a breakout. Crypto analyst Rekt Capital stated that after the bullish weekly closing on October 27th, BTC may be on the verge of breaking the consolidation phase. Historically, BTC reached its peak between 518 and 550 days after the Halving. The analyst added that despite the long consolidation period after the Halving, "BTC still accelerates around 35 days in this cycle." "Therefore, the longer the consolidation period after the Halving, the better the current cycle will resynchronize with the traditional Halving cycle." The BTC Volatility index shows that there is still an expectation of a breakout in BTC price.
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Analisis: Fase konsolidasi harga BTC akan segera berakhir, menyambut terobosan harga
Odaily Planet Daily News According to the technical chart pattern and various indicators, BTC's consolidation may be coming to an end as the price may be on the verge of a breakout. Crypto analyst Rekt Capital stated that after the bullish weekly closing on October 27th, BTC may be on the verge of breaking the consolidation phase. Historically, BTC reached its peak between 518 and 550 days after the Halving. The analyst added that despite the long consolidation period after the Halving, "BTC still accelerates around 35 days in this cycle." "Therefore, the longer the consolidation period after the Halving, the better the current cycle will resynchronize with the traditional Halving cycle." The BTC Volatility index shows that there is still an expectation of a breakout in BTC price.