Bitcoin has consolidated above $80,000 for almost 60 days, a trend that has caused breakouts since 2023.
According to analyst James Van Straten, a similar 60-day consolidation period in the first quarter of 2025, following President Donald Trump’s tariff policies, caused BTC to rise thereafter.
Source: Digital Asset Research
Similar price ranges over a 60-day period during this cycle led to the same uptrend. According to analysts at Digital Asset Research, who shared a similar view, the 60-day period would provide the necessary springboard for BTC’s next leap.
“We are currently on day 58. The conclusion is inescapable: the ‘coil’ is no longer just spinning, but snapping.”
This begs the question: will the pattern repeat itself in 2026?
Crypto sentiment insights say…
Another data set that suggested a possible near-term rebound was the Crypto Fear and Greed Index (CFGI). According to CryptoQuant factsBTC has historically risen whenever CFGI’s 30-day average has risen above the 90-day average.
Source: CryptoQuant
For the first time since May 2025, the bullish crossover has occurred in early 2026, indicating that another Bitcoin transition will occur. [BTC] price rally is likely if history repeats itself.
In fact, Bitcoin trader Bob Loukas expected assets could jump to $107,000 if broader market conditions improve.
But unlike the 60-day price range in 2025, which ended when Trump reached a tariff deal with affected countries, the 2026 tariffs beaten for some EU countries started at the end of the current consolidation period.
So the macroeconomic backdrop may be slightly different, and the outcome may differ from the past, unless an agreement on Greenland is reached this week to validate the 60-day outbreak projection.
BTC Cools Down, But…
Blockchain analytics firm Glassnode, for its part, said the recent correction from last week’s high of $98,000 to almost $90,000 had not yet turned the recent momentum negative. The company added,
“Momentum has cooled but remains above neutral, indicating consolidation rather than trend deterioration.”
The analytics firm emphasized that on-chain signals, including capital flows and profit/loss conditions, have recovered, but “still moderate conviction.”
On the Liquidation Heatmap, there was significant liquidity between $86.2k and $89.1k. These were leveraged long positions that could easily be targeted in the event of a liquidity grab if rate fears rise in the coming days.
On the plus side, however, the immediate target would be $93.4k.
Source: CoinGlass
Final thoughts
- Bitcoin’s price is nearing the end of its 60-day consolidation period, which has led to past rallies during this cycle.
- But the current rate scare raises questions about whether another outbreak will be feasible.