The post Bitcoin price nears 60-day consolidation mark – Is $107K jump imminent? appeared on BitcoinEthereumNews.com. Bitcoin has consolidated above $80k for nearlyThe post Bitcoin price nears 60-day consolidation mark – Is $107K jump imminent? appeared on BitcoinEthereumNews.com. Bitcoin has consolidated above $80k for nearly

Bitcoin price nears 60-day consolidation mark – Is $107K jump imminent?

2 min read

Bitcoin has consolidated above $80k for nearly 60 days, a trend that has triggered breakouts since 2023.

According to analyst James Van Straten, a similar 60-day consolidation window in Q1 2025, following President Donald Trump’s tariff policies, saw BTC climb higher afterward. 

Source: Digital Assets Research

Similar 60-day price ranges throughout this cycle led to the same upward trend. According to analysts at Digital Asset Research, who shared a similar outlook, the 60-day window would offer the needed springboard for BTC’s next jump. 

This begs the question: Will the pattern repeat in 2026? 

Crypto sentiment insights says…

Another data set that suggested a potential near-term bounce was the Crypto Fear and Greed Index (CFGI). According to CryptoQuant data, BTC has rallied in the past whenever CFGI’s 30-day average crossed above its 90-day average. 

Source: CryptoQuant

For the first time since May 2025, the bullish crossover has occurred in early 2026, suggesting another Bitcoin [BTC] price rally is likely if history repeats itself. 

In fact, Bitcoin trader Bob Loukas expected the asset to jump to $107k if the broader market conditions improved. 

However, unlike the 60-day price range in 2025, which ended when Trump reached a tariff deal with the affected countries, the 2026 tariffs slapped on some E.U. countries began at the end of the current consolidation window.

So, the macro backdrop may be slightly different, and the outcome may vary from the past unless a deal on Greenland is reached this week to validate the 60-day range-breakout projection.

BTC cools off, but…

For its part, blockchain analytics firm Glassnode said that the recent correction from last week’s high of $98k to nearly $90k, had not turned the recent momentum to negative just yet. The firm added

The analytics firm highlighted that on-chain signals, including capital flows and profit/loss conditions, have recovered but ‘still-moderate conviction.’

On the Liquidation Heatmap, considerable liquidity was located between $86.2k and $89.1k. These were leveraged longs that could easily be targets in the event of a liquidity grab if tariff fears heighten in the next few days.

On the upside, however, the immediate target would be $93.4k. 

Source: CoinGlass


Final Thoughts 

  • Bitcoin’s price is close to completing its 60-day consolidation window, which triggered past rallies throughout this cycle. 
  • But current tariff fears raise questions about whether another breakout will be feasible. 

Next: Is Berachain [BERA] setting up a short squeeze after reclaiming $1?

Source: https://ambcrypto.com/bitcoin-price-nears-60-day-consolidation-mark-is-107k-jump-imminent/

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