Bitcoin Price Trapped in Tight Range as Traders Advised to Accumulate

Bitcoin's price has been stuck in a tight range at $63,055.02, according to analyst @CryptoMichNL, who advises traders to accumulate rather than chase short-term swings.

The market's bearish trend structure is confirmed by Bitcoin sitting below both the EMA50 at $63,767.78 and EMA200 at $63,694.3.

Despite this, the MACD golden cross at -299.06 hints at building momentum, which could trigger a liquidity sweep before any reversal toward lower support at $62,641.49.

This setup favors patient positioning over active trading in the current low-volatility environment.