Bitcoin Price Stuck in Narrow Trading Range

Bitcoin's price is currently trapped in a range between $77.5K and $82.2K, according to live levels. This range indicates that the cryptocurrency's price has not been able to break out of its current bounds.

The price volatility of cryptocurrencies can be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks associated with trading in financial instruments and/or cryptocurrencies.