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Bitcoin Price Outlook: Range-Bound BTC Faces Uncertain Momentum

  • Bitcoin hovers around $87K amid mixed momentum, with RSI near-neutral and traders hesitant to make bold moves.
  • Long-term holders quietly accumulate while short-term holders face losses, signaling a possible shift in market control.
  • Bitcoin is in a range-bound market, swinging between $78,000 and $88,000, with no clear control from buyers or sellers.
  • Political and regulatory conversations in Washington impact Bitcoin's position in the financial system, with uncertainties affecting broader investor sentiment.

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