Analysts have previously emphasized the significance of a distinct consolidation phase as a prerequisite for Bitcoin’s upward trajectory. In a recent analysis by crypto expert Rekt Capital, he expounds on the notion that an extensive consolidation period would realign the ongoing cycle with past halving cycles. Rekt Capital suggests that a consolidation period exceeding 150 days following the halving event would serve as a catalyst for Bitcoin’s price movement, harmonizing it with historical patterns.