Despite billions in institutional inflows, Bitcoin has been range-bound between $92,400 and $106,500 for over two months. 📈📉
Samson Mow, CEO of Jan3, suggests the price action appears "manufactured," noting that the tight range doesn't seem natural. 🤔
Mow attributes the stagnation to "price suppression," where steady upward movement is followed by sideways consolidation.
Despite the lack of upside, Bitcoin’s long-term outlook remains positive, with predictions of prices reaching $160,000–$180,000 in 2025. 🚀
However, Mow warns that continued price suppression may be linked to significant selling at the margins. 🧐
