Why is Bitcoin price stuck?

Bitcoin price is flatlining within a narrowing range primarily due to unpredictable US economic policies, liquidity contraction, and other factors.

Bitcoin (BTC) price has been oscillating inside the $82,400-85,300 range since March 14 as breakouts in both directions have been short-lived, as shown below.

BTC/USD four-hour price chart. Source: TradingView

Key factors behind Bitcoin’s flat price action include:

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