Bitcoin Stuck in Consolidation Phase as Buyers and Sellers Defend Key Levels
Bitcoin is stuck in a prolonged consolidation phase between $57.8K and $60.2K on one side, and $66.2K to $66.8K on the other.
The asset has been trading without a decisive directional bias, with both buyers and sellers defending key technical levels.
Despite several attempts by both sides, neither has managed to establish a sustained trend beyond these boundaries.
A confirmed breakout above the resistance at $66.2K to $66.8K could trigger another leg toward the higher resistance around $72K to $74K.