Bitcoin Stuck in a trading range between $80,000 and $95,000, it may be experiencing a "time-driven capitulation"
Svmuu News: The current narrow trading range for Bitcoin resembles the range seen in April 2025. Since November 21, Bitcoin has been trading between $80,000 and $95,000,which roughly corresponds to the duration of the fluctuations between $76,000 and $85,000 from late February to early April 2025,during which Bitcoin the consolidation lasted 52 days and ended with a new rally, with the price eventually peaking at over $126,000 in October. Traders refer to this phenomenon as a “time-driven capitulation,” where prolonged stagnant price action causes impatient holders to exit the market.In recent years, as Bitcoin has matured as an asset and has avoided the extreme downturns seen in earlier cycles, “time-driven capitulation” has become the norm. (CoinDesk)
Source:Odaily · Source Link
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