Bitcoin is caught in a liquidity stalemate, and BTC price volatility catalysts are so far lacking, says new research.
Bitcoin (BTC) remains stuck below $43,000 this week as even institutional buying has little impact on markets.
Data from Cointelegraph Markets Pro and TradingView confirms that BTC price action is focused on a narrow range — for the seventh day in a row.
Since dropping 15% in two days last week after the launch of the first United States spot exchange-traded funds (ETFs), Bitcoin has underwhelmed traders.
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Source: https://cointelegraph.com/news/bitcoin-bulls-failing-shift-42k-btc-price-range