Bitcoin’s Price Action: Can It Break Out of Its Tight Range?

Bitcoin is currently trading within a narrow range, with market participants closely monitoring two crucial price levels. The current price hovers around $91,000, gaining slightly over the past 24 hours and experiencing an almost 10% rise over the past week (CoinGecko). Despite recent upward momentum, Bitcoin’s price remains capped below a key resistance level, supported by strong support at a lower point on the chart.