Bitcoin’s Stair-Step Rally Continues: Analyst Highlights Key Consolidation Zones
Bitcoin (BTC) continues to follow a predictable and bullish pattern, according to popular analyst Daan Crypto Trades, who points out a repeating cycle of upward movement followed by tight consolidation and another leg higher.
“$BTC has been doing roughly the same thing since the April lows: Move up, tight consolidation, new leg up,” Daan wrote, urging traders to avoid premature positioning and wait for a confirmed breakout.
Key Observations
- Three consolidation zones have defined Bitcoin’s recent structure:
- $83K–$86K
- $93K–$96K
- $101K–$105K (current)
After each breakout from these ranges, BTC has continued to climb in a stair-step pattern, reinforcing the strength of the trend.
Daan emphasizes the importance of trading the breakout rather than anticipating it, warning that acting too early “without proper invalidation will only get you chopped up.”
Strategy Guidance
The message is clear: patience and discipline are key. Traders should monitor the current $101K–$105K range closely and wait for decisive movement before entering positions. This “wait-and-react” strategy is a safer alternative to pre-positioning within a narrow range.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
