How long will the Bitcoin consolidation last

Since Bitcoin first crossed the $90,000 mark on November 19, its price of $98,520 has consolidated between $91,500 and $106,500.

However, according to several technical and on-chain metrics, Bitcoin’s consolidation may be nearing its end. The key question that remains is when Bitcoin will break out of this consolidation phase.

Bitcoin Price Movement: Sideways for Now
Bitcoin may continue to consolidate within its current range for some time, especially after U.S. President Donald Trump’s tariff threats triggered massive cryptocurrency liquidations and raised concerns about a trade war, says crypto analyst.

In a February 5 analysis on X, Rekt Capital stated that although Bitcoin retested $101,000 on February 3, BTC failed to turn the daily close above that value into “new support.” It added:

“BTC will likely consolidate between $98,300 and $101,000 for now.”

According to independent analyst Arjantit, the current Bitcoin consolidation cycle may continue until the end of February.

Arjantit said:

“Bitcoin’s price has consolidated after a 15-week rally (+105%). The daily BTC/USD structure remains strong as long as it stays above $90,000. However, a drop below $90,000 could be a ‘buying opportunity.'”

He further stated:

“The consolidation cycle is likely to end by the end of February, after which BTC will rise to $120,000.”

Therefore, to end the current consolidation period, a solid new demand from smaller market participants is likely needed.

Meanwhile, data from Google Trends shows that social interest in Bitcoin is lower compared to previous cycles:

Search interest in Bitcoin has not reached the levels observed during the 2021 bull cycle.

Bitcoin may break out of consolidation once investor interest starts to rise again.

Bitcoin Price Breakout — Bollinger Bands
Bitcoin’s price consolidation precedes a major breakout, as indicated by the Bitcoin volatility indicator.

Key Points:

• The narrowing of the Bollinger Bands suggests that a breakout may be very close.
• The daily Bollinger Bandwidth is extremely overextended, touching the lower green line.
• The Bollinger Bands width is currently narrower than when Bitcoin was at $68,000 in November 2024.

BTC/USD rose 46% from $67,300 on November 5 to $99,317 on November 22.

The indicator was similarly tight in June 2024 and January 2024, preceding price increases of 31% and 19%, respectively.

If history repeats itself, Bitcoin’s price will likely break out of its current range in the next few days or weeks.