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I've been observing Bitcoin for a while, and it seems to be consolidating quite a bit in this zone. The price is hovering around 73k, but what's interesting is that it has been staying between 70k and 80k for some time. It's like the market is undecided, you know? It hasn't broken upward decisively nor fallen sharply.
Looking at the chart, the price range appears quite narrow compared to what we've seen before. This usually means something is about to happen, but for now, everything remains in balance. The price hasn't found a clear direction yet.
The feeling is that we will be in this range for a good while. Some say it's accumulation, others say it's indecision. What’s clear is that as long as the price stays here, volatility remains low. We need to watch out for when this equilibrium breaks.