Key takeaways:
Bitcoin trades within a narrowing range between $91,000 and $94,500 over the last three days.
A rare divergence between rising open interest and negative funding rates could set up a short squeeze.
BTC price must establish $95,000 as new support to continue the uptrend.
Bitcoin BTC 🔼 $93,656
price has been consolidating within a tight $91,700- $94,490 range since April 22. However, expert opinions and indicators suggest that Bitcoin’s choppy price action could soon end. The key question remains when Bitcoin will break out of consolidation.
