A Historic Bullish Signal Has Arrived in Bitcoin! The "60-Day" Period That Initiated Major Bullish Trends Is About to End!

2026-01-20 09:20:20

Source: CryptoNewsNet Original Title: A Historic Bullish Signal Has Arrived in Bitcoin! The “60-Day” Period That Initiated Major Bullish Trends Is About to End! Original Link: https://cryptonews.net/news/bitcoin/32303807/ Bitcoin (BTC) has failed to recover since the major crash in October 2025. Since then, it hasn’t entered an upward trend, continuing to trade within a familiar cyclical pattern and within a specific range.

Market analyst James Van Straten pointed to a historical pattern in Bitcoin, noting that the Bitcoin price experienced a consolidation period of approximately 60 days before breaking out of that range and starting to rise.

Currently, Bitcoin has been consolidating for 59 days between its low of around $80,000 in November and its high of around $98,000 in January.

According to the analyst, the BTC price is currently in a roughly 60-day timeframe, similar to previous instances of consolidation after hitting lows. A bullish breakout may be approaching, as in each of the previous instances, the Bitcoin price moved out of this range after approximately 60 days of consolidation.

At this point, Bitcoin experienced a similar situation in April 2025, amidst disputes surrounding tariff policies. The analyst stated, “Bitcoin bottomed out around $76,000 and remained between that level and $85,000 for approximately 52 days before experiencing an upward breakout.”

According to the analyst, Bitcoin experienced a similar situation at the beginning of 2024. Between December 2023 and February 2024, Bitcoin consolidated between $40,000 and $50,000 for approximately 57 days. Following the launch of spot Bitcoin ETFs, it experienced a major breakout in March 2024.

Finally, Bitcoin experienced a similar situation during the FTX crash. Following the FTX crash, which was the bottom of the previous cycle, Bitcoin consolidated around the $15,000 level for approximately 62 days. This consolidation then ended with a breakout in January 2023, marking the beginning of a new bull cycle for Bitcoin.

BTC-4,53%

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