Months of Sideways Bitcoin Action Likely Before Next Breakout

[cryptohog]

Several analysts agree that even if heavy selling has peaked, a fast recovery is unlikely. Research lead Andri Fauzan Adziima from Bitrue pointed to Bitcoin’s historically oversold weekly RSI as a sign that aggressive selling pressure is fading. However, he expects extended consolidation, with repeated tests of support between $62,000 and $65,000 and continued range-bound trading in the $60,000–$70,000 zone for weeks or even months.

Similarly, Jeff Ko, chief analyst at CoinEx, said that while ETF inflows are improving, a sharp V-shaped recovery is improbable after a steep 50% drawdown. Instead, markets may require three to six months to repair sentiment — echoing past prolonged consolidation phases seen after major crypto shocks. For now, patience appears to be the dominant strategy as Bitcoin searches for its next decisive move.

[cryptoenthusiast]

range bound between 60k and 70k just enough to ruin both longs and shorts love that for us