BTC price highs and lows aside, Bitcoin is displaying what research calls “characteristic behavior” in the early innings of the bull market.
Bitcoin (BTC) has spent nearly 150 days in a $5,000 BTC price corridor as its stubborn range stays put.
New analysis from James Van Straten, research and data analyst at crypto insights firm CryptoSlate, reveals “characteristic” BTC price behavior.
Bitcoin has already seen two-year highs in 2024, but along with lows of $38,500, these have failed to endure or spark a broader price trend.
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Source: https://cointelegraph.com/news/bitcoin-150-days-5k-btc-price-trading-range