Bitcoin (BTC) Trading Range Extends Beyond 125 Days As September Shows Unusual Resistance

More recently, bitcoin spent 111 days between $54,271 and $59,699. And so far it has spent 126 days trading in the current range of $59,700 to $65,670, a period that could extend if history repeats itself. These extended periods of consolidation are not unprecedented, as seen in the $8,000 to $12,000 range where bitcoin traded for hundreds of days.