Bitcoin Price Holds Steady in Narrow Range, Experts Call for Regulatory Clarity to Catalyze Move Above $30,000

08/09 05:45

Bitcoin has been holding steady in a narrow range between $29,000 and $30,000 for several weeks, with experts calling for regulatory clarity in the United States to catalyze a move above $30,000. The low volatility is hindering a breakout, but a falling wedge pattern on the daily chart suggests a potential reversal or continuation of the trend.

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