Bitcoin is about to complete its 50-day horizontal process.

The price of Bitcoin (BTC) has continued to attract the attention of investors by moving within a narrow range in recent weeks. Since November 21, Bitcoin has been trading between $80,000 and $95,000, and after approximately 50 days of this sideways trend, it is struggling to find direction. Historically, especially as we approach 2025, Bitcoin has exhibited a similar structure, capturing the curious eyes of investors.

In the past, in the early months of 2025, Bitcoin's price was squeezed between $76,000 and $85,000 for about 52 days, and then it surged strongly, reaching above $126,000. On-chain data used to analyze the current situation indicates that BTC's recent structure is maturing. According to Checkonchain data, the choppiness metric has currently reached 53. This indicator reveals that Bitcoin's price is not forming a clear trend, while it has been observed that sharp directional movements often follow similar levels in the past.

Analysts state that compared to historical cycles, Bitcoin’s recent behavior has created a more extended period of sideways movement, instead of sudden crashes, exerting a tiring effect on investors. The post-2023 upward structure exhibits a pattern of pauses and continuation moves rather than abrupt spikes. Such periods help to create a healthier base for the price while reducing the interest of short-term investors.

In addition, macroeconomic data appears to hold a positive foundation for Bitcoin. Expectations for economic recovery in traditional markets are gaining momentum. The GDPNow data published by the Atlanta Fed indicates a growth rate of 5.4% for the US economy in the last quarter. Furthermore, it is expected that the US Federal Reserve will make a total of 50 basis points in interest rate cuts within 2026. Additionally, US President Trump has brought up the possibility of purchasing $200 billion worth of mortgage-backed securities, increasing liquidity expectations in the markets.

Considering all this data, Bitcoin's underlying sideways movement may be preparing the ground for a potential new upward movement that could occur in April of 2025. Critical levels that investors need to pay attention to are the expectations regarding when this sideways process will end and the direction of the Bitcoin price.