Bitcoin Stuck in a Tight Range, What Does It Mean?

Bitcoin’s price action has been stagnant lately, trapped within a narrow trading range between $91,610 and $95,700. This tight consolidation suggests indecision from market participants as buyers and sellers wait for the signal to break out of this pattern. Analysts suggest this sideways movement reflects the lack of strong fundamental drivers influencing Bitcoin’s price beyond these levels. It’s a waiting game until either support or resistance is overcome by substantial volume, which could then confirm a trend change.