Bitcoin stuck in $80K–$86K range for ninth straight day
- —Bitcoin has held the $80K–$86K band for nine straight sessions
- —The 30-day high-low spread has compressed from 13% to 6%
- —The $80,500 close was the lowest in 30 days
- —Adler flagged a bounce off the 365-day SMA, with $86K as the upside level
Why it matters: Volatility compression to a 6% range often precedes a sharp move, with traders watching a break of $86K or the 365-day SMA.
Source: TokenPost