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.