Bitcoin digests tariffs, sell-offs and more as BTC price action clings to the center of its three-month range.
Bitcoin (BTC ) dodges tariffs and mass exchange selling as a wild February ride continues this week.
Rangebound BTC price action is tipped to flip in an instant on “very thin” liquidity as a stubborn broader trading range endures.
CPI week is here again, while Fed Chair Jerome Powell is due to testify twice before US lawmakers.
Read more,# Bitcoin’s Wildest February Ride: From Tariffs to Testimonies
## Key Points Summary:
– **Bitcoin’s Auspicious Dodge:** BTC navigates through obstacles like tariffs and massive exchange selling.
– **Rangebound Excitement:** Despite the challenges, Bitcoin’s price remains stubbornly in the middle of its three-month range.
– **Liquidity Woes:** The market’s thin liquidity could lead to sudden flips in BTC price action.
– **Economic Indicators Alert:** With Consumer Price Index (CPI) week and Federal Reserve Chair Jerome Powell’s testimony on the schedule, anticipation is building.
### Closing Hot Take:
Hold on to your digital wallets! Bitcoin is playing dodgeball with economic curveballs like a pro. Even though it’s sticking to the safety of the center line on the price court, things might get wild at the whistle of thin liquidity or macroeconomic news. This week could turn from a steady game of ‘keep away’ to an all-out sprint! #Bitcoin #CryptoRide #EconomicTwists #TestimonyTime
