Bitcoin is caught in a liquidity stalemate and BTC price volatility catalysts are so far lacking, says new research.
Bitcoin (BTC) remains stuck below $43,000 this week as even institutional buying has little impact on markets.
Data from Cointelegraph Markets Pro and TradingView confirms that BTC price action is focused on a narrow range — for the seventh day in a row.
Since dropping 15% in two days last week after the launch of the first United States spot exchange-traded funds (ETFs), Bitcoin has underwhelmed traders.