Why is Bitcoin price stuck?

Why is Bitcoin price stuck?

Bitcoin (BTC) price has been consolidating within a roughly $3,000 range since April 9 as the 200-day SMA trendline remains a stubborn barrier. Data from Cointelegraph Markets Pro and Bitstamp shows that BTC price oscillates within a tight range between $83,000 and $86,000, as shown in the chart below. BTC/USD four-hour chart. Cointelegraph/TradingView Key factors […]

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