Summarize this news to a short text with two or three important sentences:  Seasoned trader NAME_1 believes that the recent Bitcoin ( ) correction is setting up the crypto king for an extended bull cycle. In a new strategy session, NAME_2 his 123,000 YouTube subscribers that Bitcoin’s current consolidation is a signal that BTC is likely following a path that leads to an extended bull market. In March, NAME_2 that Bitcoin could either witness a parabolic rally to $60,000 this year and top out at $200,000 sometime in 2025 or continue to consolidate for the rest of the year before rallying toward his higher target of $300,000. According to NAME_2, Bitcoin is now clearly showing that it wants to go through a prolonged bull market that could propel the crypto king to as high as $300,000. As for his near-term outlook on BTC, NAME_2 previously that Bitcoin will probably rally to $34,000 due to the fact that the halving is less than a year away. At time of writing, Bitcoin is trading for $27,249.
