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Bitcoin holds steady near $74k within a defined range, driven by macroeconomic factors and cautious trader sentiment amid upcoming central bank policy decisions and geopolitical tensions.
Bitcoin traded in a narrow range near $88,000-$89,500 this week, with subdued price action due to lower weekend liquidity.
Bitcoin is trading sideways between defined support and resistance, keeping price range-bound and frustrating traders who are waiting for a decisive breakout to set a clear directional trend.
Bitcoin may see wild moves after the Fed's likely rate cut, but could remain range-bound between $107,000 and $124,474. Bulls defend $115,500; a break above $117,500 targets $120k–$124k, while a fall…