Bitcoin Price Remains Stuck Inside This Range, But A Breakout Could Follow

Bitcoin’s price action in recent days has been characterized by tight consolidation and fading momentum. After recovering from a dip toward the $85,000 area last week, Bitcoin has spent most of the time trading between roughly $87,500 and $89,000, struggling to build a sustained move in either direction.
This ongoing indecision has led to technical commentary from a crypto analyst known as DrBullZeus, who noted that Bitcoin is currently trapped inside a clearly defined range and may need a