Bitcoin's current narrow consolidation is similar to the range seen in April 2025. Since November 21st, Bitcoin has been trading between $80,000 and $95,000, roughly matching the duration of its fluctuations between $76,000 and $85,000 from late February to early April 2025. At that time, Bitcoin consolidated for 52 days before ending with a new upward move, ultimately reaching a peak of over $126,000 in October. Traders refer to this situation as a "time-driven capitulation," where prolonged periods of stagnant price action lead to impatient holders exiting the market. In recent years, as Bitcoin has matured as an asset and has not experienced the extreme declines seen in earlier cycles, "time-driven capitulation" has become the norm. (CoinDesk)