The post Bitcoin Consolidates Between $62K and $71K: Accumulation or Range Trap Before the Next Move? appeared first on Coinpedia Fintech News
Bitcoin price continues to trade within a predefined range in the short and long term following a sharp decline in mid-February. The crypto is oscillating between a well-established support zone near $62,000 and a resistance band around $70,500 and $71,500. This consolidation phase reflects compression rather than directional conviction, with early signs of higher lows …