#Bitcoin 's Current Corrective Phase: A Historical Pattern Repeating?



Bitcoin is currently shaping its third corrective pattern within its ongoing bullish cycle that began in early 2023, as indicated by the UTXO Age Bands for the 1-3 month and 3-6 month bands.
During the summers of 2023 and 2024, Bitcoin entered multi-month corrective phases, each lasting approximately six months. Throughout these periods, the 3-6 month band trended upwards, closing the gap with the 1-3 month band. This movement historically acted as a resistance zone, where #BTC initially faced rejection before breaking through and igniting its next bullish rally.
If history repeats itself, the current correction could persist for another 2 to 3 months, with BTC ranging between $80K and $100K. In this scenario, a decisive breakout above $100K could mark the end of the corrective phase, potentially paving the way for a rally toward $130K.
Market participants should closely watch the structural dynamics of the premium bands, as a confirmed break above resistance could signal the next parabolic leg of Bitcoin’s bull market.#Altcoin
BTC0,77%
MULTI8,65%
SIX0,29%
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