Bitcoin, the flagship cryptocurrency, continues its range-bound trading pattern around the $65,000 mark, with market dynamics poised delicately between supply and demand forces. As investors await decisive movements, here’s an insightful exploration into what’s currently shaping Bitcoin’s price action.
Current Market Situation
According to Glassnode’s weekly on-chain newsletter, Bitcoin is expected to maintain its current range-bound trajectory due to a balanced equilibrium between supply and demand.·
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