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Bitcoin's been sitting in accumulation for nearly 60 days now. Check the pattern—history shows us similar zones hit 62-day stretches multiple times. We're at day 59, climbing from the 58-day mark.
Here's the thing: either we see tighter consolidation or the market breaks into expansion mode. Both are possible given current price behavior. The accumulation cycle typically precedes meaningful moves, so the next shift could go either direction—deeper contraction squeezing liquidity tighter, or finally a breakout that catches everyone watching these levels off guard.
The technical setup at these long-hold periods often dictates what follows. Whether Bitcoin compresses further or explodes higher depends on whether weak hands exit or institutions keep accumulating at support.