Bitcoin is currently in a phase of consolidation and disbelief following weeks of aggressive volatility and market uncertainty. Analysts believe this period often precedes significant market moves.
Historically, Bitcoin's price action tends to build momentum in such phases. Related readings suggest that Bitcoin is on the brink of a major bullish surge, driven by historically accurate indicators.
The current trend points towards Bitcoin potentially replicating Nasdaq’s 2014 rally, placing BTC price in sight of reaching the $120,000 mark.
