Bitcoin Price $$BTC Moving in a Tight Range… Are We Seeing a Breakout Soon?
Bitcoin (BTC) is still trading in a tight price range after a slight bounce in recent days. After a sudden drop, the leading cryptocurrency regained some of its upward momentum to rise from $93,300 to $98,200.
Meanwhile, US-based Bitcoin spot ETFs have recorded three consecutive days of outflows, with losses of around $500 million through February 20.
According to SoSoValue data, these outflows began on February 18 with losses of $61.4 million, then increased to $71.07 million on February 19, and peaked at $364.93 million on February 20.
