The current period resembles the action from April through September of 2023 when bitcoin was stuck in the $25,000-$30,000 range for an excruciating six months. Eventually, cryptocurrencies were able to sustain a multi-month rally, with BTC ultimately hitting an all-time high in March of this year.
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- Source: https://www.coindesk.com/markets/2024/05/10/bitcoin-is-in-a-bore-you-to-death-phase-but-bottom-could-be-close-analysts-say/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
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