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How long will Bitcoin's price consolidation last?

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Some crypto analysts expect Bitcoin’s price consolidation to have come to an end, based on technical chart patterns and falling exchange reserves.

) price has been in a downtrend throughout June, as Q2 ended down nearly 18%. However, according to technical chart patterns, BTC price could be on track for a breakout. How long will the current consolidation last?

, a technical analysis pioneer in the first half of the 20th century who broke down the market cycle into four distinct phases. "The Macro Higher Low is confirmed and Bitcoin is now rallying to the upside. Bitcoin is developing a Macro Bull Flag."Based on technical chart patterns, Bitcoin price could reverse and break out to the $90,000 mark in the following months, according to popular analyst Titan of Crypto, who shared the below chart in a July 2 XBitcoin could see significant selling pressure in July

 

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