Article details
Bitcoin remains trapped within a $60,000 to $72,000 trading range as heavy resistance near $72,000 and critical support at $60,000 limit upward momentum. The consolidation phase suggests a lack of clear directional bias, with bulls needing to break above $72,000 to reignite bullish sentiment. Traders are closely monitoring these levels for potential breakout signals that could drive the next major price movement. The current range-bound action reflects cautious market positioning amid mixed macroeconomic signals globally.
