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Bitcoin still inside the noted range for the time being

The hype surrounding Bitcoin and a new US era underpinning Crypto has not yet delivered a new record high. The price action has remained inside the previously outlined range of 100,123 and 109,241. However, within that range we have seen some seriously sharp gyrations. That was well demonstrated yesterday afternoon, when BTC lifted above 107k only to slide back towards 102k just as quickly. The speculation surrounding Senator Lummis and Trump comments regarding crypto helped to serve up that volatility. The range seen so far today has been covered by 102,766 to 105,321. It is currently pretty much right in the middle of the wider outlined range and once again looking rather pivotal as a result. As to which way it blows from here is not certain from this immediate perspective. Many favour the topside above 110k, but as you can see that is not happening yet. BTC is right now at 104,945
 

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