Bitcoin spends 307 days in $60K-$70K range, third longest consolidation ever

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Bitcoin has been trading within the $60,000 to $70,000 price band for 307 consecutive days. This makes it the third longest consolidation period Bitcoin has ever recorded within any single $10,000 price range. The milestone highlights a prolonged phase of price stagnation for the world's largest cryptocurrency. Such extended consolidation periods are closely watched by analysts as potential indicators of a future significant price move.

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