Bitcoin is currently consolidating in the range of $85,000 to $100,000, with market analysts suggesting that prolonged stability at this level could lead to significant upward movement. Observers recall previous cycles, notably the consolidation periods in 2020, where Bitcoin fluctuated between $35,000 and $45,000 before surging to $70,000, and later between $55,000 and $70,000 before reaching nearly $100,000. Comparisons are being drawn to November 2020, when Bitcoin experienced a rapid rise from $13,500 to $19,500, followed by a drop to $16,200 before breaking the $20,000 mark in December. Currently, Bitcoin is down 8.8% from its all-time high, with some analysts indicating that history may repeat itself, potentially leading to a significant price increase in the near future.