Bitcoin's price has recently surged by more than 40%, but it is expected that there will be a consolidation phase following such rapid increases.

Currently, Bitcoin's value is around 3% lower than its peak, which is consistent with historical market cycles. In bull markets, it is typically considered a good re-entry point when prices dip between 10% and 20% from recent highs.

Analysts suggest that a consolidation range of $90,000 to $95,000 could be a favorable opportunity for investors, considering Bitcoin's recent high of $108,000. If Bitcoin can maintain its price above the 20% decline threshold, it may indicate a potential upward movement in 2025, as financial analysts have noted.