Why is Bitcoin price stuck? By Cointelegraph

The price of (BTC) is stuck, fluctuating inside a narrow trading range with futures markets remaining flat nearing all-time lows.

Bitcoin price is going through an unusually calm period, with several volatility indicators reaching near-record lows. Currently, Bitcoin price is up nearly 2% hitting an intraday high of $29,735, but the upward BTC price move remains within the flat market trend where the price has been trading in the $28,670 – $31,000 range.