Bitcoin Price Consolidates Ahead of 2028 Halving Cycle
The Bitcoin (BTC) price is consolidating around $80,000 as traders evaluate institutional demand and on-chain indicators.
A recent sell wall at $85,000 has been absorbed by buyers, reducing one source of near-term resistance.
The next halving cycle, expected in April 2028, is drawing attention to historical trends. A strategy of buying 500 days before a halving and selling 500 days after produced significant gains in previous cycles.