Bitcoin’s Tight Range Hints at Bullish or Bearish Move

Bitcoin’s price remains trapped within a narrow range, sparking anticipation for a significant shift in market direction. The cryptocurrency’s price action has been characterized by volatility, with traders anticipating both sustained bullish momentum and potential reversals. Analysts cite the formation of a descending triangle on the chart as a key indicator of this sideways movement, highlighting a confluence of factors that could drive the price forward.