Bitcoin price is flatlining within a narrowing range primarily due to unpredictable US economic policies, liquidity contraction, and other factors.
Bitcoin (BTC) price has been oscillating inside the $82,400-85,300 range since March 14 as breakouts in both directions have been short-lived, as shown below.
BTC/USD four-hour price chart. Source: TradingView
Key factors behind Bitcoin’s flat price action include:
The Cincinnati receiver will miss the matchup against the New England Patriots this week
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