Bitcoin stays in tight range as analyst eyes potential ‘interesting week’ in BTC

Bitcoin stays in tight range as analyst eyes potential ‘interesting week’ in BTC

Bitcoin (BTC) hovered near $43,000 on Jan. 17 as its “boring” price action combined with signs that the market could be stabilizing.

BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView

Leverage comes off all-time highs

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD staying firmly within its established trading range between $40,000 and $45,000.

With few surprises expected thanks to the Wall Street holiday, traders took the opportunity to call for a level-headed…


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