It's been 62 days since..

since BTC(Bitcoin) falled below 365d SMA(Simple Moving Average) line. During this time, BTC price has been consolidating.

Historically, this consolidation type ended in 62.5 days on avereage. Now BTC is surging to $96k, and ETH to $3.3k as well.

I guess, BTC price direction will be determined within this week.

If BTC price breaks 365d SMA line($101k), I'm looking forward to re-entry of a bull market like COVID-19(May 20~Nov 21).