Bitcoin price update: Still stuck

Bitcoin’s price has remained stuck in the same relatively boring range over the past several days. Let’s check out what the charts might say about the state of bitcoin.
1-day chart
Image Courtesy: Tradingview.com
Bitcoin’s daily candle chart (BitMEX) shows price has been rangebound for almost two weeks now (yellow box). Volatility is showing similarities to last November when bitcoin’s price appeared to be cemented in the $6,000 range.
The Relative Strength Index (RSI &nd