Bitcoin is changing hands near $64,600, down about 13% over the past month and roughly 50% below its October record, with several analysts describing a market stuck in a range.
Bitcoin is no longer in a trending regime, one analyst argued, moved instead by liquidation clusters and deleveraging as it awaits a catalyst.
Those catalysts include a looming Clarity Act vote and U.S. inflation cooling should the Iran peace deal hold, with a near-term risk in the form of Friday's $10.9 billion option expiry.
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